Policy

Elk Run developer CEO gets medieval on MedCity News

When you're the president and CEO of a major national real estate development firm, it's best to develop a thick skin. It's also probably not a good idea to post public comments to a news website when you're pissed off at 1 o'clock in the morning. Yet that's exactly what Steve Marks, CEO of Tower Investments in California did upon reading my story Tuesday on the troubled Elk Run BioBusiness Park his company is developing in Pine Island, Minnesota.

Oh Steve, Steve, Steve. You didn’t, right?

Oh yes, you did.

When you’re the president and CEO of a major national real estate development firm, it’s best to develop a thick skin. It’s also probably not a good idea to post public comments to a news website when you’re pissed off at 1 o’clock in the morning.

Yet that’s exactly what Steve Marks, CEO of Tower Investments in California did upon reading my story Tuesday on the troubled Elk Run BioBusiness Park his company is developing in Pine Island, Minnesota.

I could summarize them. But instead, read his rant  in all of its uncensored (not to mention grammatically incorrect and misspelled) glory:

I am president and ceo of Tower Investments.  An incredible amount time, money and professional expertise has been spent on this project.  We have massive support from public officials – why, because they see the tremendous addition to the community with a bio-tech park in their community.  Yes, timetables have been delayed and Tower has been under serious confidentiality agreements with prospective users and tenants.  if you believe that there are not seriously interested parties to be part of a new bio-tech park 12 miles from Mayo and less than an hour to Uof Minn, you are badly mistaken.  This is a multi-year project.  The support from the constituients and stakeholders has been overwealming.  Frankly, if the public listened to your negative reports, there would be no growth in SW Minnesota along the line of bio-tech, a very strong field.  We have continuous meetings with top experts in the field, and the stars must align, size, type space, financing, timing and negotiations over the past 3-4 years in Elk Run.  It is my expectation that, unless your goal is roadblocks so you can “i told you so”, why you try to try to support a potential bio-tech park with prospectively several thousand workers over time, then if i were you i would try to help the project, not sandbag it with untrue facts and toal speculation on your part.  Join our groups of hundreds that are enthousiastic about the future,  In a perfect world, we have the precise space of Stanford Research Park in Palo Alto, which took years to develop.  Rather than try to tear Elk Run down (which accomplishes nothing for the citizens), whi don’t you take a common courtesy approach to the hard working developers and stakeholders that have worked tirelessly for several years, and give the some slack.

Actually, upon further review, that’s a pretty coherent and reasonable comment. The same cannot be said for the next one:

if you think we are neophites trying to create something out of nothing, i suggest you review our websites:  www.towerinv.com and burrill company.  burrill is worldrenowned and we are extremely fortunately that he has taken a serious likeing to this project.  Burrill travels worldwide continually, just returning from the middle east, russia and south Korea – you check his bio before you throw him under the bus in your narrative.  Don’t pass us off as lightweights with no credibility.  So it takes longer to get a biotech park right, so be it, would you prefer to run Elk Run off and go back to corn fields?  Have you ever funded and managed such an endeaver.  You have embarassed us both by your article.  This is ludicrous and i feel you owe Steve Marks and Steve Brurrill an apology.  This project may or may not succeed, but wih the team and support in place, it is likely to succeed, which is going to make you look like an ass.

Hmmm. Where to start? I guess I should say that plenty of  people already think that I’m an ass.

But that’s besides the point. Let me offer my response to Marks:

  1. Elk Run is in southeast Minnesota, not southwest. If you’re going to defend your project, at least know where the darn thing is.
  2. Don’t refer to yourself in the third person. Only Lebron James can do that.
  3. Tower and Steve Burrill may have a long and impressive resume. But they have absolutely NO experience in developing a biotech research park, never mind one in a rural community. It’s also worth noting that Tower’s original plans for Elk Run did not include a biotech park. That came once the state offered nearly $2 million in infrastructure improvements.
  4. Corn fields at least grow corn. A bunch of dug up dirt and empty shells of buildings don’t do anything.
  5. Use your public relations firm. That’s what you pay them for. And if you don’t have one, hire someone fast, preferably someone on retainer at 1 o’clock in the morning.
  6. There’s no such thing as a free lunch. You don’t get an “A” for effort. Marks (and Burrill, for that matter) seem to believe that we should “cut them some slack” because they are trying to do something in Minnesota. But if we demand accountability from elected officials, shouldn’t we expect the same from out-of-town, for-profit real estate developers who are benefiting from millions of dollars in federal and state aid? Just saying.

One more point. If Marks thinks that I’m the only one in Minnesota who’s skeptical of Elk Run, then he should think again.

So instead of calling me names from California on the Internet, perhaps Marks’ energy is better spent getting on a plane to Minnesota and making his case to the people of this state.

Rep. Tim Mahoney (D-St. Paul), the former chairman of the now defunct House Biosciences and Workplace Development Committee, supports Elk Run. In fact, Mahoney was instrumental in helping to secure state dollars for the infrastructure improvements.

But Tower should do a better job at updating Minnesota on where Elk Run stands and offer realistic timetables, Mahoney said.

As far as I can tell, this is the first time Marks has publicly commented on Elk Run to Twin Cities media. Normally, he leaves that inconvenient job to Tower senior vice president John Pierce and project manager Geoff Griffin.

Now if you’d excuse me, I need to find out if my friends, colleagues, cats, and parents think I’m an ass.

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