Already on the site is the Kassenborg Block building, which may either be renovated or demolished, depending on which proposal is selected. All three slate the 130-year-old Douglas House at 111 4th St. S. for demolition, despite historic interest in the building.
Sherman Associates of Minneapolis has proposed an $18-million plan that includes a 15,000-sf to 20,000-sf art center and a sculpture garden, with 56 condominium units on the south side and a 9,600 sf retail space combined with 20 apartment units.
Roers Development, MetroPlains Development, Atelier Heamavihio and JLG Architects of St. Paul and Fargo propose a $14.5-million project calling for 17,700 sf of retail space and 96 housing units. The Kassenborg Block building would be renovated and used as a bank and loft building.
In the third proposal, Fargo's Sterling Co. proposes a $16-million retail and housing plan with 18,750 sf of retail space and 108 condo and apartment units, including a three-story apartment building and a renovated Kassenborg Block building.
Developers will present their proposals to residents for comments at a public meeting Feb. 19.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
