Mayor Jessica Stockamp said she was “very excited” about the proposal. The proposed project received all necessary approvals from Otsego’s planning commission on July 15, and the proposal will be on the city council’s July 22nd agenda. Rice Companies said the new Coborn’s store alone would create 35 full time jobs with an average pay of over $23 per hour and 80 part-time jobs, in addition to exempt employee positions such as the store’s general manager and pharmacists. We feel that our city and county participation requests are very reasonable and they will fill the small gap we’ve identified due to the unique site acquisition needs and timeline.” “Phase 1 and 2 of this project fulfill five out of six identifiers outlined for ‘High Priority Project and Initiative’ designation. “When taking into account the job creation, tax generation, and the creation of several highly marketable, shovel ready development sites, we feel that this is plainly identifiable as a High Priority Project and Initiative,” the developer said in a memo to the city of Otsego. The developers said they believe this project fits the city of Otsego’s definition of a high priority project and initiative, based on the city’s economic strategies and priorities policy. Rice Companies has requested that the city of Otsego and Wright County build two public roadways to make the project possible, at a cost of approximately $1.16 million. The developer hopes to solidify commitments on phase two projects after receiving all city and county approval and plans to begin work on phase two no later than 2021, with substantial completion by 2023. Phase two of the project would fill in the southerly portion of the site with market-rate apartment housing and retail, commercial and office sites. The developer’s goal is to have phase one’s doors open for business by the third quarter of 2020. Phase one also includes two pad sites, one 3,000 square-foot build-to-suit space and 15,000 square feet of retail or service lease space. A car wash, fuel canopy, pharmacy, and coffee shop would accompany the store. The development’s main anchor is a 45,000-60,000 square-foot Coborn’s grocery store. 7.38 Acre Commercial Lot For Sale Otsego, MN: Excellent opportunity to invest in an area experiencing rapid growth. Located on the southwest corner of CSAH 39 and CSAH 42, roughly across the street from Super Target, the proposed development would occur in two phases, beginning with the most northerly sites. "I look forward to executing our next phase of growth.Rice Companies, a Sauk Rapids-based developer, is eyeing an undeveloped 22-acre space in Otsego’s main commercial corridor for a two-phase retail, office and high-density residential development project. "I am humbled by this opportunity to continue to serve in the leadership of our growing company," Meyer said in a statement. Meyer has climbed through the ranks at Coborn's since he joined the company in 1985 as an evening shift manager. "He has developed his leadership skills over his 35-year tenure with the company and has been a key part of our growth and success." "Dave has proven to be a valuable asset to Coborn's through his strong leadership, vision, and commitment to the company's operational standards and growth," Chris Coborn, chairman, president and CEO, said in a statement. Meyer continues to oversee company operations, human resources, workforce planning, marketing and in-store merchandising. The promotion is "to recognize the role was largely in already as executive vice president," company spokesman Dennis Host said Monday. Cloud-based grocery retailer marks its 100th year.ĭave Meyer has been named chief operating officer of the 59-store employee-owned grocery chain. Coborn's has announced changes among its executive leadership as the St.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |