Mills prepares to break ground on major project
Posted: August 15, 2014
Glen Mills, owner of MyNextHome, 3310 Miller St., Eau Claire, will be breaking ground for an estimated $25 million project to be located on Keystone Crossing in Eau Claire. The 15-acre parcel, which was purchased in November, 2013, from Keystone Hills, LLC, will include a three-story complex anchored by four retail spaces on the first floor with 18 condominium units above. The other facility will be four stories high for office users.
"We don't have any tenants specified yet. We believe there's going to be demand for this location. We wanted to get all of the designs complete before we started to solicit tenants," said Mills, who will be developing the project on about four acres of land just east of Buffalo Wild Wings.
The development will be called Charleston Heights. Mills said the project will include walking trails, city sidewalks, scenic overlooks and a bike rack.
"Groundbreaking is scheduled for September 5th. We hope to be ready for occupancy in August of 2015. The first phase of the project will be valued at about $17 million. In all, we hope to eventually build a total of four buildings on the site," he said.
Mills added that underground, heated parking will be part of the design. In addition, the entire project will be heated and cooled with geothermal technology.
On a related note, Mills announced that Adam Eggebrecht has been named chief financial officer of the company. Eggebrecht was previously with Principal Financial Group in Eau Claire. TBL