The building rising up on the corner of Lake and Hiawatha (officially known as the “L&H Station Development”) is rapidly taking shape. In addition to being home to a Hennepin county social service center, it will also house multiple retail establishments, and is expected to open in the Spring of 2017.
So far, more than retail 20 applications have been received, ranging from a hair salon to coffee shops to restaurants. The Corcoran community is taking an active role in guiding the selection process in partnership with the Neighborhood Development Center and Hennepin County. These three bodies helped to develop principles that steer both applicants and decision-makers.
Do you have an entrepreneurial dream? Are you interested in submitting an application for your business? Here are a few demographic details to get you thinking by the numbers:
- Two retail spaces are available, one is 4,300 SF, and the other is 3,100 SF. (Spaces can be divided into 1,000 SF sections)
- 550 daily employees in the building and another 450 daily clients.
- 31,500 daily blue line ridership
- 26,000 daily cars on Lake Street
- 3,670 passengers disembarking daily at Lake and Hiawatha.
- 85 surface stalls and underground parking
To learning more about the development or the Economic Development Committee, reach out to CNO staff member Heidi Johnson McCallister ([email protected]) or Economic Development Committee member Joan Bennett ([email protected]).
