A project for the corner of Kenwood Avenue and Arrowhead Road is moving forward as United Properties begins to solidify their plans for what will now be a mixed use center. Finance and Commerce reported on latest news regarding the development late last week.
CDINDULUTH reported on the first wave of news for this particular site a few months back when plans were floated for what at that time included a retail center that would be home to the areas first Caribou Coffee and Bruegger's Bagels location. However even with plans in place it was hinted that those plans could change in both size and offering depending on the demand in the market by time of construction.
United Properties looks to have taken the alternative path to their original development plan and sources are saying that the development will include retail and upscale housing above (most likely apartments). The Duluth News Tribune noted that the developers recently paid a hefty $1 million to purchase the corner of Kenwood Avenue and Arrowhead Road along with a neighboring home.
The site originally was to be home to a Duluth Teacher's Credit Union branch back in the early 2000's however plans for that branch never moved forward even after rezoning of the site was approved. DTCU did eventually open a branch across the street in the Kenwood Shopping Center.
After DTCU a number of companies went after the site with McDonald's even exploring the option for a restaurant on the site at one point. The most recent interested party was Walgreen's who ended up not being successful in their efforts to build a location on the site but did in fact end up building a new store across the street.
What exactly is planned for the site will be released later this month when United Properties details their plans further at a press conference.
As always, CDINDULUTH will keep you updated when news becomes available.