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Business Beat

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Change is coming in a big way to this business on 16th Street. It has been Wild Things and the Alaska Alder Grill...but the land and building have now been sold to a couple from Stanley. That means there will be significant improvements coming...

(Pam Schmidt - New Owner) "What we plan on doing is adding office space going up and out...office space, retail space, restaurant..."

Wild Things will remain as one of the tenants once completion of phase one of the project happens...and the Schmidt's will be opening an embroidery business on site as well. How about that restaurant? She says they are working on lining that up now...

(Pam Schmidt - New Owner) "We have three different interested companies out of Minnesota right now so we will see where that goes.

Talks are underway now with those chain restaurants. The hope is to have the remodel done and open in July...with the new build out of the facility complete later in the year.

(Duane Brekke - Property Owner) "It hasn't been a piece of cake...it is a lot of work!"

That's how Duane Brekke describes the build back from the flood here -- at Roosevelt Plaza right across from the Roosevelt Park Zoo. And everything is back...the numerous businesses in three different buildings as well as an apartment complex that was heavily damaged in the flood. Brekke says in total, more than 100 people work at the site -- with two businesses having more than 35 people each -- that being PTI, a transportation company for the railroad, and a land company working in the Bakken.

(Duane Brekke - Property Owner) "11 different businesses are here and we have 24 people living in the 12 plex apartment to the south."

By the way -- the office space is full...with Business Beat, I'm Perry Olson.

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