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HEARD ON THE STREET

Under the corporate name of Progression Building LLC, Joshua Grenell paid $2.8 million for a Rochester multi-tenant center at 2625 U.S. Highway 14 West on Aug. 1. That is where Grenell's Crossfit Progression gym has been based for many years.
Med City entrepreneur Sarah Kirklin Pacchetti hopes to open Bloom Açai Café within the First Alliance Credit Union Center at 2483 Commerce Drive NW in a few weeks, possibly as early as the weekend of Aug. 19.
The Collider Foundation, which is based in the Minnesota Biobusiness Center in downtown Rochester, recently named Amanda Leightner as its executive director. Leightner, formerly Collider’s director of community, had served as the interim executive director since 2021.
Gilmore, a Rochester entrepreneur who goes by one name, recently opened Hānai Pet Cremation at 3232 E. River Road NE in the former Hog Thai restaurant building.

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A Rochester building permit filed this week stated that “A new Joann retail store is being built in the former Staples location” at 3839 Marketplace Drive NW. The estimated value of the project is listed as $650,000 on the permits.
Kemps, which is owned by the Dairy Farmers of America cooperative, recently filed for a number of building permits for a “warehouse fit-up” of Building 205 at 2900 37th St. NW. It is one of the 34 on the Rochester Technology Campus. That is the previous IBM campus.
After retiring this summer, the longtime owner of Bravo Espresso, Jay Johnson, sold his popular downtown skyway-level shop to a trio of baristas who are very well-known to local coffee drinkers — Andrew Meissner, Derek Kostka and Mike Haydon.
The Med City-based Southeast Minnesota Capital Fund, LLC, which was formed by Rochester Area Economic Development, Inc., recently announced this week that it has closed fundraising for its second fund with a total of $7 million in committed capital.
New episodes are published weekly on Fridays.
Red Cow, a popular Minnesota gourmet bar and grill brand, expects to start cooking Aug. 10 in 6,000-square-feet of commercial space on the street level of the Berkman apartment complex and hotel at 217 14th Ave. SW. That is just across the street from Mayo Clinic’s Saint Marys Hospital.

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Coulee Cards & Gaming is looking to open a Rochester store in a 1,600-square-foot space in the Miracle Mile Shopping Center. The shop will be located inside the mall’s atrium next to the entrance to HOM Furniture.
A building permit has been filed for the “interior remodel of a long-empty space next to Arrow Hardware on the south end of the shopping center."
The Village Agricultural Cooperative, a Rochester nonprofit group that works with more than 200 families farming on about 11 acres of urban farmland, is starting its Village Farmers Market from 4 p.m. to 7 p.m. on Tuesday, July 26 at the Olmsted County History Center at 1195 West Circle Drive. The plan is to host the market every Tuesday through October in a park shelter behind the History Center building.

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