Revel / Target Store- 1300 West Lake St

Calhoun-Isles, Cedar-Riverside, Longfellow, Nokomis, Phillips, Powderhorn, and Southwest
twincitizen
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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby twincitizen » August 11th, 2015, 9:22 pm

LHENA meeting tomorrow at 6:30pm - Springhouse Ministry Center (28th & Garfield...in Whittier!!)

http://thewedge.org/zoning-and-planning-committee/

Last chance to have any say whatsoever on the design before it goes to Planning Commission. Also, there's a good chance the retailer will be revealed if it hasn't already (though I suspect they may keep it under wraps as to not derail the meeting)

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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby Wedgeguy » August 12th, 2015, 9:39 am

Glad to see that the basic design is still there. I'll say that I'm sad to see the vibrant bright yellow go away. But I'm glad to see that the extra story on the street corners did not go away. Over all it is still an A- in design compared to most product that is being proposed.

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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby MNdible » August 12th, 2015, 11:05 am

Note that their loading dock is set up only for small delivery trucks, not semi-trailers. This would, I'd think, limit the kind of retailer that would be willing to operate out of there.

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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby RailBaronYarr » August 12th, 2015, 12:29 pm

The Target (formerly known as) Express stores use smaller trucks than typical stores. And as we all know, they are the clear front-runner for this space. /s

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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby MNdible » August 12th, 2015, 12:36 pm

RailBaronYarr wrote:The Target (formerly known as) Express stores use smaller trucks than typical stores.
Interesting. Did not know.

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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby twincitizen » August 12th, 2015, 1:56 pm

I'm gonna go to the meeting tonight just to observe. It's been so long since I've participated in any neighborhood stuff...and this isn't even my neighborhood (though as a CARAG resident I obviously care about what happens on Lake Street).

EDIT: No new information really. They cannot disclose retailer yet. See tweets from @urbanmsp and @wedgelive for more.

No doors on Fremont due to grade change. If the retail space were ever split in the future it could be 2 or 3 spaces. They are incorporating this into building plans.

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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby Wedgeguy » August 13th, 2015, 9:28 am

Did anyone go to the meeting last night. I was going to go , but got a call from family and ended up talking too long and punted going.

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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby RailBaronYarr » August 13th, 2015, 10:04 am


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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby grant1simons2 » December 8th, 2015, 12:55 pm

Cheapo building sold for $6.75 Million. Or Cheapo Discs. If you're a new to town reporter.

http://finance-commerce.com/2015/12/jus ... in-uptown/

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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby Wedgeguy » December 8th, 2015, 6:53 pm

I've seen extra dumpsters there, but not much has happened in the last few months.

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Re: CPM Cheapo Site proposal - 1300 West Lake St

Postby twincitizen » December 9th, 2015, 1:20 pm

grant1simons2 wrote:Cheapo building sold for $6.75 Million. Or Cheapo Discs. If you're a new to town reporter.

http://finance-commerce.com/2015/12/jus ... in-uptown/
To be fair, their website is literally cheapodiscs.com and has "Cheapo Discs" splashed all over it, even if the Uptown location was never really known by that name.

F&C says demo starts "now", planned occupancy in May 2017. Unit count reduced from 130 to 125. No word on the retail (20k sf) or boutique office (5k sf) tenants yet. The property is valued at $2.9MM, so CPM paid more than double that.

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Re: Lake & Fremont Apartments (Cheapo site) - 1300 West Lake

Postby Nathan » December 9th, 2015, 1:46 pm

Dang, yeah I was looking at that price and thinking cheapo really made out like bandits. Glad to see uptown continuing to densify.

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Re: Lake & Fremont Apartments (Cheapo site) - 1300 West Lake

Postby HiawathaGuy » December 9th, 2015, 3:37 pm

Nathan wrote:Dang, yeah I was looking at that price and thinking cheapo really made out like bandits. Glad to see uptown continuing to densify.
Cheapo didn't make that, Dick Schulze, founder of Best Buy, former CEO, now chairman emeritus of the board, made that. That used to be Best Buy #3, back in the day. Cheapo was simply leasing the space, in the building he owned.

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Re: Lake & Fremont Apartments (Cheapo site) - 1300 West Lake

Postby Nathan » December 9th, 2015, 3:55 pm

Truth. Oops, forgot about that!

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Re: Lake & Fremont Apartments (Cheapo site) - 1300 West Lake

Postby twincitizen » December 10th, 2015, 7:16 am

He still owns the old (vacant) Best Buy near Southdale at York & 66th, also slated for mixed-use development. Ol' Dick is cashing out!

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Re: Lake & Fremont Apartments (Cheapo site) - 1300 West Lake

Postby HiawathaGuy » December 10th, 2015, 2:25 pm

twincitizen wrote:He still owns the old (vacant) Best Buy near Southdale at York & 66th, also slated for mixed-use development. Ol' Dick is cashing out!
Very true. The man is a very, very, very wealthy man. And gives a lot back too.

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Re: Lake & Fremont Apartments (Cheapo site) - 1300 West Lake

Postby acs » January 15th, 2016, 12:36 pm

and the retail anchor is (drum roll please)...

Target!

http://www.startribune.com/target-will- ... 365447611/

Also, demo and site work starts next week.

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Re: Lake & Fremont Apartments (Cheapo site) - 1300 West Lake

Postby Drizzay » January 15th, 2016, 12:38 pm

acs wrote:and the retail anchor is (drum roll please)...

Target!

http://www.startribune.com/target-will- ... 365447611/

Also, demo and site work starts next week.
Good! Much needed IMO. I am assuming this falls into the "we don't want big box stores in Uptown" category for some, though.

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Re: Lake & Fremont Apartments (Cheapo site) - 1300 West Lake

Postby Nathan » January 15th, 2016, 12:51 pm

If it's a smaller one like dinky town I doubt many people will mind. It's really a prefect spot.

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Re: Lake & Fremont Apartments (Cheapo site) - 1300 West Lake

Postby MNdible » January 15th, 2016, 1:51 pm

Am I reading correctly that they're only proposing 23 underground parking stalls dedicated to Target? Obviously, a lot of people in the immediate vicinity can walk, but I'm still surprised that they would sign on with that few spots.


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