Developers Working on North Barstow Project
Posted: December 22, 2006
Phoenix Parkside, LLC, an entity consisting of developers Geoff Moeding of Eau Claire and Mike Lander of Minneapolis, is close to finalizing an agreement with the City of Eau Claire to begin a revitalization project in the North Barstow Redevelopment area in the central business district.
The City of Eau Claire Redevelopment Authority (RDA) received an update this week on the development project.
"We are going to try to see if we can have something to present to the city council and the RDA by the end of January, but this is a long process with a lot of variables," said Eau Claire Economic Development Specialist Mike Shatz, who added, "The developers said they have been overwhelmed by the amount of interest they have received. The have a signed lease with Midelfort Pharmacy and have a letter-of- intent that is waiting to be signed by the grocery store (Save A Lot)?and they intend to break ground his spring."