Bagley's building sold in downtown Duluth; co-working space planned
The downtown Duluth building that for 131 years housed Bagley & Co. has been sold, and the new owner has big plans for the space.
Bagley's, which was the oldest jewelry store in Duluth and resided in the same downtown storefront since 1885, closed last year after fourth-generation owner Rick Heimbach decided to retire.
Now, Kevin Kuklis, a Hermantown native who is a real estate developer in Houston, plans to turn part of the building at 313-17 W. Superior St. into a co-working space and possibly bring in a coffee shop or fast-casual eatery.
"We have gotten a ton of requests for small space for the independent designers, web developers, consultants and the like," Kuklis wrote in an email. "They all seem to work out of coffee shops and need a place to call home, although they don't like the idea of a five-year lease and all that goes with it."
Shared working spaces are favored by freelancers and startups to keep costs low while having access to amenities such as conference rooms and secure internet connections for a monthly membership fee. Kuklis says the plan is to provide private offices and dedicated workstations as well as freelance space.
"The idea is to create a village feel where the tenants and users can benefit from each other being in the building and create a sense of synergy," he said. "We are not trying to be just another office building with space to lease; there are plenty of them out there."
Kuklis said he expects to share more details on his plans in the coming weeks.
The Bagley's storefront is bordered in the same building by Apricot Lane and Stout Chiropractic Care, which will stay put, Kuklis said.
Kuklis said Heimbach, who could not be reached Tuesday, is excited about the plans for the building. Heimbach sold the building for $362,000, according to county records, and the sale closed at the end of March.