Wow, MM is busy these days...
--- In AsburyPark@yahoogroups.com, "oakdorf" <[EMAIL PROTECTED]> wrote:
>
> in minneapolis:
>
> Capital Growth Madison Marquette has signed on to a Paul Bunyan-
sized retail development
> in Bemidji.
>
> The Minnetonka commercial real estate firm will develop Pinnacle
Village through a joint
> venture with Bemidji businessman Harry Takhar, who has been trying
to get the 60-acre
> retail center off the ground for several years. The $50 million
project will be located at the
> intersection of Highways 2 and 71.
>
> Pinnacle Village will be one of the largest retail centers in
outstate Minnesota. Bemidji has a
> population of just more than 13,000, but the developers expect to
draw from a population of
> nearly 140,000 within a 60-mile radius and the roughly 7.8 million
travelers that visit the
> area each year.
>
> The first phase of the project will span 460,000 square feet,
including a 170,000-square-
> foot big-box retailer and a 115,000-square-foot outlet center.
Groundbreaking is scheduled
> to start in spring 2008 with completion targeted for the following
spring or summer.
>
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