Dirt is moving in northwest Rochester for a new commercial development area.
Edina-based New Era Developmentis starting to prepare its Creekside Developmenton the southwest corner of the intersection of 19th Street Northwest and West Circle Drive.
No businesses have yet been announced for the build-to-suit development. Plans show an entrance from 19th Street Northwest and streets within the Creekside area.
The marketing brochurefor Creekside lists the build-to-suit opportunities as including retail, office and flex office space. Available lot sizes range from 1.13 acre to 4.22 acres.
New Era first proposed Creekside in the fall of 2007, just before the economic recession. Earlier this year, the firm updated its plans and began marketing the project.
Plans show a development that could grow into something very similar to the 100-acre commercial area anchored by Costco, Associated Bank, Aldiand Kwik Tripon the northeast corner of the same intersection.
The Radichel family, of Mankato, which is behind Venstar LLCand its affiliate, New Era, has owned the land for about 30 years.
In 2007, former Venstar President Nino Pedrellitold the Rochester City Planning and Zoning Commission that, "We are long-term holders, and right now the project is a go for us."
Venstar and New Era also own the Valley High Business Center buildings, Phase I and Phase II, at 3535 40th Ave. NW, and the Cascade Parkcommercial center on Ninth Street Northwest, behind Kwik Trip. — Jeff Kiger
Don't expect to book a room in Rochester's downtown Holiday Innafter Aug 31, according to the hotel chain's national reservation line.
An InterContinental Hotelsrepresentative on the reservation line said this week that Rochester employees said the 170-room hotel at 220 Broadway Ave. S will close at the end of August. They told the ICH representative the closing is because of the sale of the hotel.
For several months, word has been leaking out about a deal to sell the downtown hotel to an unnamed buyer who is planning to convert the 46-year-old hotel into a senior living facility.
If the buzz is correct, these talks have been going on for quite a while without reaching closure. Now the employees are saying a closure is on the way.
At least for the hotel, if not the real estate deal. — Jeff Kiger