11905 Technology Dr Eden Prairie MN 55344 is a prime location nestled in the heart of Eden Prairie, Minnesota. Situated in a thriving business district, this address offers a unique blend of commercial activity, residential neighborhoods, and easy access to transportation and amenities. From its surrounding businesses and landmarks to the overall character of the area, 11905 Technology Dr presents a compelling opportunity for businesses and individuals alike.

This location boasts a diverse mix of businesses, catering to a wide range of needs and interests. The surrounding area is marked by a blend of residential neighborhoods and commercial developments, creating a vibrant and dynamic environment. The proximity to major transportation routes and amenities further enhances the attractiveness of this address.

Location Overview

11905 Technology Drive in Eden Prairie, Minnesota is a bustling commercial hub situated in the heart of the city’s technology corridor. It is a prime location for businesses, with easy access to major highways and a thriving business community.

Surrounding Area

The area surrounding 11905 Technology Drive is characterized by a mix of commercial and residential development. The immediate vicinity features several office buildings, technology companies, and research facilities. Notably, the nearby Eden Prairie Corporate Center is home to a diverse range of businesses, including Fortune 500 companies.

Business Analysis

The address 11905 Technology Drive, Eden Prairie, MN 55344 is home to a diverse range of businesses, each contributing to the local economy and serving specific market segments. This analysis delves into the businesses operating at this address, examining their offerings and the potential market they cater to.

Types of Businesses and Services

The businesses at this address are primarily focused on technology and professional services.

• Technology Companies: Several technology companies operate from this address, providing software development, IT consulting, and cybersecurity services. These companies often cater to a wide range of clients, including small businesses, large corporations, and government agencies.
• Professional Services: The address also houses professional service firms, such as accounting, legal, and financial consulting companies. These firms offer specialized expertise and support to businesses and individuals.
• Other Businesses: In addition to technology and professional services, there may be other businesses operating at this address, such as restaurants, retail stores, or healthcare providers. These businesses contribute to the overall vibrancy and convenience of the location.

Market and Customer Base

The location of 11905 Technology Drive, Eden Prairie, MN 55344, is strategically advantageous for attracting businesses and customers.

• Access to Talent Pool: Eden Prairie is a highly educated and skilled community, offering businesses access to a talented workforce in technology, finance, and other professional fields.
• Strong Economic Base: Eden Prairie is located in a thriving economic region with a diverse range of industries, creating a stable and supportive environment for businesses.
• Accessibility and Convenience: The location is easily accessible by car and public transportation, making it convenient for employees and clients to reach the businesses at this address.
• Growth Potential: The technology sector in Minnesota is experiencing significant growth, indicating a strong potential for businesses operating at this address to expand and thrive.

Real Estate Insights: 11905 Technology Dr Eden Prairie Mn 55344

Eden Prairie, Minnesota, boasts a thriving real estate market, and the area surrounding 11905 Technology Drive is no exception. This location offers a blend of residential and commercial properties, making it an attractive choice for both families and businesses. To understand the real estate landscape at this location, it is crucial to analyze average property values, rental rates, and current market trends.

Average Property Values and Rental Rates, 11905 technology dr eden prairie mn 55344

The average property values and rental rates in the area surrounding 11905 Technology Drive reflect the overall desirability of Eden Prairie.

• Average Home Values: According to recent data from Zillow, the median home value in Eden Prairie is around $500,000. The area surrounding 11905 Technology Drive tends to fall slightly above this average, with median home values often exceeding $600,000. This reflects the presence of larger, more luxurious homes in the vicinity.
• Average Rental Rates: Rental rates in the area vary depending on the size and amenities of the property. However, average monthly rental rates for apartments and townhouses typically range from $1,500 to $2,500. This aligns with the overall higher cost of living in Eden Prairie compared to other areas in the Twin Cities metropolitan area.

Current Market Trends

The real estate market in Eden Prairie, like many other areas, has been influenced by various factors, including interest rates, economic conditions, and inventory levels.

• Steady Growth: Despite recent economic fluctuations, the Eden Prairie real estate market has continued to show steady growth. This can be attributed to the city’s strong economy, excellent schools, and desirable amenities. Home values have been appreciating consistently over the past few years, making it a favorable market for sellers.
• Low Inventory: Similar to many other areas, Eden Prairie has experienced a low inventory of homes for sale. This is partly due to limited new construction and the reluctance of homeowners to sell in a strong market. The low inventory has led to increased competition among buyers, sometimes resulting in bidding wars and above-asking prices.

Comparison to Other Areas in Eden Prairie

The real estate landscape surrounding 11905 Technology Drive is generally in line with other desirable areas in Eden Prairie. However, certain neighborhoods may offer specific advantages based on proximity to amenities, schools, or parks.

• Higher-End Neighborhoods: Areas like the one surrounding 11905 Technology Drive are considered higher-end neighborhoods due to the larger homes, upscale amenities, and proximity to major employment centers. These neighborhoods often command higher property values and rental rates.
• More Affordable Options: Other neighborhoods in Eden Prairie offer more affordable housing options, particularly those located further from the city center or with smaller homes. These neighborhoods may have lower property values and rental rates, making them attractive to budget-conscious buyers and renters.

Historical Context

The location at 11905 Technology Dr Eden Prairie MN 55344 has witnessed a significant transformation over the years, reflecting the broader growth and development of Eden Prairie itself. This area, initially rural farmland, has become a hub of technology and innovation, playing a key role in the city’s economic evolution.

Early Development and Agriculture

Eden Prairie, originally known as “Prairie” or “The Prairie,” was a farming community in the late 19th century. The land surrounding the current location of 11905 Technology Dr was primarily used for agriculture, with crops like corn, wheat, and hay being cultivated. The area was sparsely populated, with a few farms and scattered homesteads dotting the landscape.

Growth and Suburbanization

Following World War II, Eden Prairie experienced a significant population boom. The city’s proximity to Minneapolis and St. Paul, coupled with the rise of the automobile, made it an attractive location for suburban development. This growth led to the expansion of infrastructure, including roads, utilities, and schools, laying the groundwork for the development of commercial and industrial areas.

Technology Hub Emergence

The 1980s and 1990s marked a pivotal period for Eden Prairie, as the city embraced technology and innovation. The development of the Technology Drive area, including the location at 11905 Technology Dr, was a key part of this transformation. The area became a magnet for tech companies, research facilities, and high-tech businesses, attracting skilled professionals and fostering economic growth.

Significant Developments

• The establishment of the Eden Prairie Corporate Center in the 1980s, which brought a concentration of office buildings and businesses to the area.
• The development of the Eden Prairie Technology Park in the 1990s, which attracted numerous technology companies and research institutions.
• The construction of the Eden Prairie Center, a large shopping mall, which further solidified the area’s commercial appeal.

Interesting Facts and Anecdotes

• Eden Prairie’s name is derived from the Eden Prairie Township, which was established in 1858.
• The city’s first post office was opened in 1859.
• The location at 11905 Technology Dr was once part of a large farm owned by the Schmidt family, who were prominent agriculturalists in the area.

End of Discussion

11905 Technology Dr Eden Prairie MN 55344 stands as a testament to the dynamic and evolving landscape of Eden Prairie. With its strategic location, diverse business offerings, and strong community presence, this address holds significant potential for future growth and development. Whether you’re seeking business opportunities, a comfortable place to live, or simply exploring the vibrant character of the area, 11905 Technology Dr offers a unique and compelling experience.

11905 Technology Dr Eden Prairie MN 55344 is a bustling hub of innovation, attracting companies like shenzhen tong bo wei technology co. ltd with its focus on cutting-edge technology. These companies contribute to the dynamic atmosphere of the area, making 11905 Technology Dr a place where ideas are sparked and new ventures flourish.