Richfield 'A Great Place to Do Business,' Says Lyndale Station Developer

The shopping center's first retailer is expected to open its doors Nov. 1.

Follow Richfield Patch on Twitter | Like us on Facebook | Sign up for our daily newsletter

Lyndale Station, the city’s newest retail center, is proceeding roughly as expected, with .

Lyndale Station, which is taking the place of the former Kmart, on a property located at the corner of 66th Street and Lyndale Avenue. .

Steve Wellington, president of development company Wellington Management Inc., told some 50 residents and local businesspeople gathered for a luncheon last week that his company remains in contract negotiations with a number of retailers interested in moving into Lyndale Station’s other two buildings. Among them are a prominent grocery chain interested in renting the entirety of a second 19,000 square foot building at the shopping center.

“I think you’ll be happy with it,” Wellington said, explaining that due to ongoing contract negotiations he couldn’t  specify which grocery chain was interested.

If that chain does end up moving into the second building, Wellington said a number of retailers that might have moved into that building remain interested in moving into Lyndale Station’s third and final building, an 8,500 square-foot space that hasn't begun construction.

While his company remains dedicated to developing successful, small community shopping centers, Welllington noted that there were distinct advantages to having a major chain like LA Fitness at Lyndale Station.

“If you have a major anchor tenant bringing that kind of marketing to the site ... it makes it more likely that smaller, less creditworthy tenants [will] show up.”

Operating some 90 buildings in 23 Twin Cities communities, Wellington has 26 years of experience building retail centers. He took time out to praise the work process that led to Lyndale Station’s expedited construction process.

“It was clear that there was a passion in this community, and a sense of working together and team work that is very refreshing and encouraging,” he told the audience. “Richfield is a thriving, great place to do business.”


Other related articles:

Renae Miller August 31, 2012 at 05:14 PM
Yes, I want a co-op, but we certainly don't need another chain. I don't shop at them anyway! I always go to Linden Hills or to the Wedge. What we need are more restaurants! Some really good Thai food would be fantastic, something like a Sen Yai Sen Lek.
Julia September 01, 2012 at 02:37 AM
Pei Wei would be wonderful! Also Chik-fil-a since they have gluten free chicken nuggets and other GF options!
Julia September 01, 2012 at 02:43 AM
Congrats on getting Pizza Luce! Besides the pizza, they have great breakfasts on the weekends!
Sophie October 09, 2012 at 02:17 AM
I say put a panera bread over there
Barry L. October 23, 2012 at 02:37 PM
From: Barry LeBlanc <barry0404@yahoo.com> Subject: COUNCIL MEMO NO. 96 To: john.stark@cityofrichfield.org Cc: SDevich@cityofrichfield.org, "Pat Elliott (HRC) (CC Liaison)" <pat@elliottlaw.net>, "Debbie Goettel" <dgoettel@comcast.net> Date: Tuesday, October 16, 2012, 10:05 AM Hi John, Could you please provide the names and credentials of the Housing policy task force? Also has there been a schedule or meetings that are planned? Best Regards, Barry LeBlanc 612.861.1142 DISCUSSION REGARDING RICHFIELD HOUSING POLICY (HRA MEMO NO. 41, COUNCIL MEMO NO. 96) After much discussion the consensus was to form a task force led by a facilitator and consisting of various groups within the community and some outside organizations, such as the Metropolitan Council. Community Development Director Stark stated he would provide a memo to all members with suggested categories of people to fill technical advisory roles, names of facilitators and their credentials, a futurist, and a schedule that will start the group to move forward.


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »