Development in the works at Hermantown Marketplace
More places to shop and work are Hermantown-bound as another commercial development is in the works.
Platinum Properties has plans for 120,000 square feet of commerce that could comprise seven buildings across 12 acres near Sam's Club.
"They're in the beginning stages with us," said Hermantown Community Development Director Eric Johnson. "They're talking with numerous different occupants; they've not come forward yet with any specific people."
Johnson said the phased development could see buildings range in size from 6,000 to 25,000 square feet and house a variety of businesses.
Developer Joe Peterson told the city's planning commission in August that he has a purchase agreement in place to buy the properties northwest of Maple Grove Road and Haines Road, and according to meeting minutes: "The applicant has met with City staff on numerous occasions to discuss the proposed development and to discuss the timeline associated with the project, however the developer has not submitted any construction documents to date."
Platinum Properties most recently developed the Sugar Maple Crossing project on Miller Trunk Highway that is now home to Burger King and Dickey's Barbecue Pit. Peterson told the commission that took about three years to come to fruition.
The new development, which could get underway this fall, would join recent additions Kwik Trip, Fleet Farm, Holiday Inn Express and the St. Luke's clinic in the Hermantown Marketplace, which recently had its own sign installed at the corner of Maple Grove and Haines roads. The 600-acre Hermantown Marketplace is bordered by Miller Trunk Highway, Haines Road, Stebner Road and Oak Ridge Drive and is zoned to encourage development.
Johnson said there have been talks with a developer who may put up a new apartment complex in the district, though that will have to wait for a sewer extension, which should be complete late in 2019. The sewer line will unlock 220 acres south of Maple Grove Road to future development.
"Hopefully we'll see some good growth," Johnson said.