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1606 posts categorized "Real estate news"

May 25, 2016

Hold the applause - New Buckeye name is not set yet

I was a bit premature Tuesday when I wrote that South Dakota developer Stencil Homes had re-named its Buckeye Apartments project in downtown Rochester.

F89c28e7467b81cdb720c0c067eca5d3_f252I spotted the project on Stencil's website labeled as Ovation on Monday. I wasn't able to reach CEO Nate Stencil for confirmation, so I reported that it appeared that the new name for the project will be Ovation.

On Tuesday, Stencil sent me a note that said I was partially right.

"On 'The Buckeye' name change, we are still not 100 percent set on the new name but I can tell you we will be changing it. We are currently polling different names and will soon have one nailed down," he wrote.

The name of a 92-unit apartment complex being built on the corner of Fourth Street and Third Avenue Southeast in downtown Rochester has been a sensitive issue for some of the neighbors. Stencil originally tagged it as Buckeye as a nod to the Buckeye Liquor store landmark that was demolished to make way for the project. Some in the neighborhood didn't think that was an appropriate name.

 

May 24, 2016

Bye Buckeye, hello Ovation?

The name of a 92-unit apartment complex being built on the corner of Fourth Street and Third Avenue Southeast in downtown Rochester has been a sensitive issue for some of the neighbors. 
F89c28e7467b81cdb720c0c067eca5d3_f252
South Dakota developer Stencil Homes labeled it Buckeye Apartments as a nod to the Buckeye Liquor store that was demolished to make way for the project. Some in the neighborhood didn't think that was an appropriate name. Now it looks like the developer has decided to try something different.

Stencil Homes' website shows a 92-unit apartment building as a Rochester project, but it's not called Buckeye anymore. The new name under the old rendering of the complex is Ovation.

This must have been a recent change. The Answer Man wrote about this on April 27 and Buckeye still was the moniker at that point. CEO Nate Stencil was not available Monday to answer questions about the Ovation name, but it looks like concerned neighbors should give themselves a round applause for the spurring a name change.

 

May 23, 2016

Auto Techs to close at end of June

After 24 years in the fast lane, Roger Gansen is ready to slow down a bit.

Gansen has owned and run Auto Techs, a repair and sales shop, in Rochester since 1992. He has operated at his current location at 650 S. Broadway for about 12 years.

11146464_358227187720296_512149979420663139_oNow he has a "Closing soon" sign out front as he prepares to sell his property to the Lamont Cos. He plans to close the doors of his two-man shop at the end of June.

"It's kind of tough," said Gansen of the closure.

However, part of him is looking forward it.

"I'm ready for a change," he said. "I think this is kind of an opportune time for it."

The big question is will he re-open the popular Auto Techs somewhere else. That's a question he really doesn't have answer for.

"As of right now, everything is up in the air," Gansen said on Friday. "But right now, I'm looking forward to slowing down a bit."

While he is slowing down, the activity on that block of South Broadway is quickly ramping up this summer.

Lamont Cos. are the developers who recently purchased the adjacent Clarion Inn for $5 million with plans to build a newCandlewood Suites hotel and retail center. A liquidation sale of all of the hotel's furnishings and fixtures is underway.

Based in South Dakota, Lamont Cos. are the same developers who built Rochester's Holiday Inn by the Miracle Mile shopping center on Second Street in 2012.

April 12, 2016

Mayo Clinic sells 4 lots for $720,000

Everyone knows lots of properties are selling in Rochester, though, in many cases, only the buyers know what is coming next.

Saint-marys-8colMayo Clinic sold three open lots plus one with a 97-year-old house in southwest Rochester for $720,000 on the final day of March.

The four parcels are on 14th Avenue Southwest, which runs along the west side of Saint Marys Hospital. Olmsted County estimates the total value of the real estate at $140,000.

Here's what Mayo Clinic had to say about the deal.

"We did sell four parcels recently (313, 317, 323 and 327 14th Ave, SW) to '1406 Second Street Associates.' You will need to contact the buyer’s representatives for any additional info/comment on their plans for the parcels," wrote Ginger Plumbo, of Mayo Clinic Communications, in an email response to questions.

Rochester developer Nick Pompeian, who owns the Brentwood on 2nd and Ray-Mar hotels at the corner of 14th Avenue Southwest and Second Street, is a representative of the local investors behind 1406 Second Street Associates.

He confirmed the purchase Monday, but couldn't discuss any future plans for the new property.

However, the real estate does seem to support the longtime buzz that a major redevelopment is coming for that ever-so popular block. 

As Destination Medical Center very slowly ramps up, the prospect of sitting in the shadow of Mayo Clinic's busy hospital has a lot of people eagerly putting together potential deals.

April 08, 2016

New Rochester art gallery is thinking big

Wendy Westlake has a big vision for 535 Gallery, her new Rochester art gallery.

"The concept is for large-scale contemporary pieces as a service for designers and the general public looking for a distinctive statement piece to make an impact in a large space," explained Westlake, as she took a break from converting a former industrial space into an art gallery.

04072016535galleryWith the help of her gallery director, Nick Sinclair, Westlake is working on the new gallery at 535 Sixth Ave. N.W. in Rochester's artsy Cooke Park Design District. The more than 2,000-square-foot gallery will share the block with the funky Dwell Local art and antique shop as well as Fox & Fern Floral and A Beautiful Soul, a New Age Boutique and healing store.

They hope to open the doors some time this summer. Realtor Dylan Carty, of Rochester's Realty Growth Inc. (RGI), handled the deal to line up that spot for 535 Gallery.

Westlake's 535 Gallery is located between the imported car repair shop, Werkstatt 533, and Auto Refinishers Plus.

"We think this Cooke Park area is a good place for us to be. We like what it is becoming," she said. "Though it is kind of a strange place to be sandwiched between two auto places."

Westlake and Sinclair caution that people should not expect a gift shop or even a place like the recently closed SEMVA (Southeastern Minnesota Visual Artists) gallery. It will specialize in paintings and mixed media pieces with interior designers in mind, though it also will be open to the public. They envision the large artworks in both local residences and commercial spaces.

They are adding a designer's room to the gallery for meetings with interior designers and their clients.

"It'll be a nice space where we can show them our catalog of art," said Sinclair.

The plan is to host 10 exhibitions featuring two local or regional artists every year. 

SEMVA, which was downtown near Mayo Clinic, was popular with visitors. Westlake expects 535 Gallery to serve a different group of customers, because of the size of its art and its location.

"We want to be an art gallery for Rochester," she said. 

 

April 01, 2016

Bleu Duck Kitchen cooking in downtown Rochester

Two area chefs are creating a downtown Rochester restaurant to offer "an eclectic mix of adventurous and innovative comfort food" in a historic building.

Chefs Erik Kleven and Erik Paulsen are fulfilling their dreams of opening their own place, the Bleu Duck Kitchen, by taking over the entire first floor of the 115-year-old Conley-Maass building at 14 Fourth St. SW. That's the brick building being renovated by owners Traci and Hunter Downs

15.006_Final Model - Restaurant Image 1 (1)"This is a great chance to break out on our own," said Kleven, currently the executive chef at Four Daughters Vineyard in Spring Valley.

Creating a 60-seat "New American Bistro"-style restaurant with a separate special events space in the Conley-Maas building is a particularly good fit, said Paulsen. who also worked at Four Daughters as Riverside on the Root and Vintage in Lanesboro.

"The building is in tune with we're doing," he said. "We're going to serve classic dishes with new novel twists. We want to make interesting, but approachable food."

That translates into possible menu items, like chicken roulade with waffle bread pudding stuffing, maple syrup and collard greens or ratatouille with parmesan funnel cake and hollandaise whipped potatoes. They plan to use fresh, locally grown ingredients.

If everything goes according to plan, the duo hopes to have the Bleu Duck cooking by mid- to late August. Kleven plans to wrap up his transition from Four Daughters. They expect to have a staff of 25 to 30 working at the Bleu Duck.

Rochester architect Adam Ferrari of 9 Square is designing the restaurant with an emphasis on "letting the historic building talk." The plan is for exposed brick, mute tones with an emphasis on the kitchen.

"We'll have the focus on a bright, clean, white kitchen at the center," said Paulsen.

A small "Chef's Counter" will located by kitchen. Customers sitting there will be served special, chef-chosen dishes.

The front portion of the main floor of the building will house the dining room, bar and kitchen. The back area will be used for special private events with room to seat up to 100 people.

The pair chose the name to represent an adventurous approach to cuisine. While they were both at Four Daughters, they would have "Blue Duck" days for the staff to experiment and try out new dishes and techniques. The name cames from the Adam Sandler move, "Billy Madison." As an adult in a first grade classroom, Sandler's character drew a blue duck, "because I've never seen a blue duck." 

"We try to not take ourselves too seriously," said Paulsen.

The Conley-Maass renovation project has been lauded as an example of the kind of development that many hope Rochester's Destination Medical Center initiative attracts. The Downs see this new restaurant as being of the same spirit as their transformation of the older building into an innovative technology office center.

"We've been in discussions and talks with several interested parties about the space and it wasn't until we met the duo that we knew had the right match for the building," said Traci Downs.

 

MEP engineering to move to new Rochester office

A growing engineering firm is planning to move soon to a new, larger northwest Rochester office.

The Rochester office of Eau Claire, Wis.-based MEP Associates plans to move into the former Venture Computer Systems/ Marco Inc. complex at 3416 Lakeridge Place NW.

Ex-venturecomplex"The building is empty and we've already started construction," said Luke Johnson, a mechanical engineer and project manager at MEP. "We're going more than double our office space."

MEP is moving from 2900 43rd St. NW. MEP opened its Rochester location there in 2009. MEP hired the entire engineering team from the former Holabird & Root office, when Holabird closed up its Med City location.

Since MEP began operating in Rochester, this location has flourished and grown. It opened in 2009 with the nine ex-Holabird engineers. MEP, which handles a lot of projects for Mayo Clinic, the University of Minnesota and Carleton College, now has 15 staffers in Rochester.

"With the new space, we'll have room to add 10 more people," said Johnson. "We're seeing a lot of construction of all kinds, mostly in the Rochester region. Two of our niches, building labs and campus utilities, are very active."

MEP is leasing the 9,794-square-foot Lakeridge complex from owner Jon Eckhoff.  Eckhoff originally built it 2005 for his company, Venture Computer Systems. Marco Inc. bought Venture in 2009 and leased the building from Eckhoff. 

Marco moved to a new Rochester office at 1014 Bel Air Lane NW in 2014.

 

March 29, 2016

Downtown #rochmn liquor store to move to new home

After about a year in the Shops at University Square shopping center, City Wines and Spirits is moving to a new downtown Rochester home as well as taking on a new name.

City-wines-and-spiritsCity Wines and Spirits is tucked away on the mall's first floor between Lenscrafters and the former Michaels Restaurant. Now the shop that bills itself as "Rochester's Only Downtown Wine, Beer and Liquor Store" is planning to move across Broadway to the lobby of the DoubleTree by Hilton hotel, according to Sheila Thoma.

The liquor store is slated to move into the retail space at the corner of Broadway and Second Street Southeast. It was last occupied by Deb Frederick's Tableside Manor gift shop, which has moved to another downtown spot.

"We are looking forward to this new location with it being right on the street and in the hotel. We are waiting to solidify a couple last steps. If all does go as intended, we plan to open early April," Thoma said via email on Monday.

Thomas is the marketing director for Titan Development & Investments, which owns University Square, the Doubletree Hotel as well as City Wines. Titan also owns Andy's Liquor, which has four Rochester locations.

As part of the move, Thoma says the store is "rebranding as Andy’s Liquor Downtown."

That will bring the number of Andy's stores in Rochester up to five.

 

March 24, 2016

Eastwood Plaza expansion set to open in June

After many months of on again, off again construction, it sounds like a new southeast Rochester commercial center could be ready for business soon.

Construction of a 5,040-square-foot retail building began last summer in front of the Eastwood Plaza at 1513 12 St. S.E. A variety of issues, including an easement dispute, have slowed the progress of the project.

EastgateplazaBut that is all in the past now, according to Ari Kolas. Kolas is one of the owners of Eastwood Plaza under the name of Athena 2004 LLC. He also is an owner of Rochester-based Apollo Wine & Spirits, which has one of its six Rochester stores based in Eastwood Plaza. It also has a franchised store in the Shoppes on Maine development in the southwest quadrant and a store in Austin.

"It should be done sometime in early June," he said.

The new building has three retail spots, two of which already are leased. When completed, Cricket Wireless and Little Caesars Pizza are slated to move in and open for business.

The third space, which includes a drive-up window, still is available, according to Kolas. He is hoping to find a food establishment of some sort as a tenant.

This Eastwood project is one that Kolas has been thinking about for a long time.

"I always wanted to do something on the outlot. I was just waiting for the proper opportunity to do it. The climate is good for it now with the growth of Rochester," he said previously. "It's been in the back of my head forever. It's got awesome visibility."

Kolas is enthusiastic about the intersection of 12th Street Southeast and Marion Road, which Athena 2004 bought for $1.6 million in 2004.

"It's a great corner that people forget about. It really is a great neighborhood," he said. — Jeff Kiger

 

March 09, 2016

Customers celebrate return of Indian cuisine downtown

The return of Indian cuisine to downtown Rochester has some fans celebrating.

"Some customers were so happy to see Indian food again that they were just dancing around in circles," said Anuradha Dhumne of the opening of Blue Diamond Indian Cuisine in the First Avenue Food Court in Rochester's downtown skyway.

Anuradha and her husband, Anil Dhumne, launched Blue Diamond on Monday in a food-court spot last occupied by Azteca Mexican restaurant. 

08032016bluediamond"We serve authentic Indian food, sometimes with a twist," said Anuradha Dhumne.

In addition to traditional Indian meat entrees, they have a wide variety of vegetarian dishes for people looking for that option. The menu includes favorites of Indian cuisine such as tandoori chicken, curries, kabobs, samosas and fresh naan bread.

Blue Diamond has three on staff, including Anuradha Dhumne.

"There's a lot of interest. There's a gap here that we are filling," said Anil Dhumne. "People are finding our food is a festival of taste and flavor on your tongue."

Blue Diamond is settling in this week. The Dhumnes plan to ramp things up soon by offering a morning breakfast next week, an afternoon "snack" of tea and samosas and catering services.

They have been looking for a spot to open for about a year. Some people might remember the Blue Diamond booth at area farmer's markets and festivals.

"This has long been her dream," Anil said. "Location is key. I think we got a good spot."