Wow!!!!
St. Paul-based Wellington will announce later this week that it has bought the center at Lake St. and Hiawatha Av. S. from the Erling E. Rice Limited Partnership. The price was $6.5 million. Wellington plans an initial $3 million renovation that will begin in October and is expected to be completed by April. The renovation will include a new center facade, landscaping and lighting. Other planned improvements include a newly landscaped and lighted path from Lake Street through a parking lot that will make the center more accessible to light-rail riders. As part of the development, an Aldi grocery store is expected to be built on the corner of Lake St. and 21st Av. S., the site of a former Burger King that burned down a few years ago. Aldi is a German discount chain that features its own private-label foods, along with bakery and deli items. Wellington also hopes to add 100 units of multi-story housing, with construction starting as early as the middle of next year. With the housing, the project would have a value of about $25 million, Bell said. http://www.startribune.com/stories/535/4986810.html Posted by Shawn Lewis, Field Neighborhood -- ___________________________________________________________ Sign-up for Ads Free at Mail.com http://promo.mail.com/adsfreejump.htm REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
