Dave Olson, Published June 07 2013
Trade Talk: Moorhead projects multiplying
The apartment construction includes several buildings going up in the area of 40th Avenue and 20th Street South.
About 240 multifamily units are expected to be created.
Moorhead is also waiting to hear whether it will receive a state grant to clean up the former Aggregate Industries site on First Avenue North.
If the grant comes through and the area is cleaned up, the city can move forward with a developer’s agreement with Hyde Development LLC of Minneapolis. The company is poised to build at least
$8 million worth of projects on the former Aggregate site, including commercial space and a new housing complex that would accommodate college students.
The student housing would include game rooms and a fitness center.
In addition, Moorhead has approved a tax incentive package designed to convince Microtel Inn & Suites to build a hotel in the 2900 block of 11th Street South.
The city expects to hear soon whether Microtel will go with a Moorhead location, or opt instead for a site in West Fargo.
On top of that, a business called 3IE Resources plans to build a 6,500-square-foot expansion at its office complex at 1587 30th Ave. S.
The value of the addition is expected to be $650,000.
The space will accommodate five to 10 additional engineers at the company, which provides expertise to help companies automate, said Peter Doll, business and development services manager for Moorhead.
If you’re looking for a Marco’s Pizza, they soon will become easier to find.
A new restaurant is scheduled to open June 16 at 675 13th Ave. W. in West Fargo, said developer Joe Deck, who wants to open a store in Fargo before the end of the year and a second Fargo store by the first part of 2014.
Deck, who has already set up a Marco’s Pizza in Grand Forks, said there are plans to open up to a dozen or more stores across North Dakota and north-central Minnesota.
Hours at the West Fargo restaurant will be 11 a.m. to 10 p.m. Monday through Thursday; 11 a.m. to midnight Friday and Saturday; and 11 a.m. to 10 p.m. Sunday.
Film set to debut
A documentary film titled, “Mr. Bubble: The Harold Schafer Story,” will premiere at 1 p.m. Sunday at the Medora Old Town Theater in Medora, N.D.
The event is free and open to the public.
The film follows the life and career of Schafer, one of the state’s most legendary entrepreneurs and the founder of the Gold Seal Co., the original maker of Mr. Bubble bubble bath.
Schafer’s investment in Medora made the town North Dakota’s top tourist destination.
The documentary was produced by The Dakota Institute. It was written, researched and directed by historian Clay Jenkinson.
Economic event set
Paul Hegg, president and CEO of Hegg Companies Inc., will be among presenters at an upcoming conference of the Economic Development Association of North Dakota.
The conference is set for June 17-19 at the Radisson Hotel in Fargo.
The Greater Fargo Moorhead Economic Development Corp. is hosting the event.
Hegg Companies, a real estate development and investment company based in Sioux Falls, S.D., is active in the western North Dakota Oil Patch.
The company is developing apartments, offices and other businesses in communities that include Watford City, Dickinson, Williston and Minot.
Readers can reach Forum reporter Dave Olson at (701) 241-5555