consultants are sandburs

Wednesday, September 11, 2013

Strib reports: "Twin Cities retail construction leads U.S., thanks to $100M Eagan mall."

To land a big fish like that, they must have had Darren working for them. Probably he steered the project to a sound and safe docking, for less than a million dollars in fees and payments. Efficiency being the byword.

This link.

Baltimore-based Paragon Outlet Partners is building the outlet mall, with six buildings housing more than 100 shops, including upscale stalwarts Coach, J. Crew, Michael Kors and Ralph Lauren — one of the few outlet malls nationwide to be located in a metropolitan area.

Construction is “well underway” on Paragon’s 400,000-plus-square-foot mall, expected to open next August, said Jon Hohenstein, Eagan’s director of community development.

“Paragon was looking for opportunities in Minnesota, and we were ready for the opportunity,” he said. The outlet mall is part of the city’s Cedar Grove redevelopment area at Cedar Avenue S. and Hwy. 13.

But beyond the outlet mega-project, Colliers Senior Associate Sara Martin says square footage surged locally in part because of the apartment boom here, whether it’s upscale digs targeting millennials and baby boomers, or student housing. “Many of the cities are requiring a retail component on these projects,” she said.

Yeah. Requiring retail. Darren's big score with the Flaherty give-aways; a McDonalds. Eagan's the windshield. Ramsey's the bug.

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