A focal point of the development will be a class-A office building on the southwest corner of the site that could be either a multi-tenant or a build-to-suit building.
"Our goal is to create a business environment in Oakdale that will cater to companies that value a location with great freeway access and visibility, upscale design and excellent customer service," says Wayne Teig, director of Carlson Real Estate, which is based in Minnetonka, MN.
Although land assembly is pending, Carlson is moving forward the project. Craig Lien and Jay Chmieleski of Welsh Cos.' St. Paul office will market the property on behalf of Carlson.
With just one high-end office build-to-suit parcel remaining within Carlson Center in Minnetonka, Carlson has been looking for additional opportunities to develop land in the Twin Cities metro area.
Carlson Real Estate is an affiliate of Carlson Cos., a privately owned travel, hotel, real estate and incentives company based in Minnetonka. Carlson Real Estate has a more than 5 million sf portfolio of office and industrial concentrated in Minnesota and Arizona.
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