What’s the Latest on Downtown St. Cloud Commercial Vacancies?
St. Cloud Community Development Director Matt Glaesman joined me on WJON this week. He discussed many vacant locations in St. Cloud including some spots downtown. Glaesman says any city wants their downtown as strong as it can be... it's the heart of the city. WJON reported in 2020 the former Herberger's building in downtown St. Cloud had acquired a new owner. A property investment company based out of New York called Twenty Lake Holdings bought the property.
Glaesman says the city sends commercial prospects to the owners of the property and it's up to them whether they can strike a deal. He says the city offer any assistance they can. Glaesman says they reach out to others who aren't familiar with the location to try and encourage them to check it out. He says the expectation is that the building would be used for retail or mixed use. Glaesman says there has been interest to use the building as a warehouse or distribution center but that is not what they'd like the building to be used for. He says the owner agrees with the city.
The former Tech Media services building will be going on sale officially next month. Matt Glaesman says that location is zoned for commercial use but he city will be picky as far as what will go into that spot. The planning commission has recommended a narrow commercial use of that spot with the city council still to look at that suggestion.
If you'd like to listen to my conversation with Matt Glaesman it is available below.