Duluth Economic Authority Recommends Familiar Developer for Waterfront Parcel
The Duluth Economic Authority has announced the formal recommendation of the Hoff-Giuliani Development Team as the future developer of Lot D, a prime undeveloped 12-acre waterfront parcel. The lot sits between the recently opened Pier B Resort Hotel and Compass Minerals.
The Hoff-Giuliani Development Team also developed the impressive Pier B Resort Hotel, so it will be very interesting to see what they plan on doing with this nearby lot.
According to the City Of Duluth, the parcel has 12 acres of developable land with 1500 feet of lake frontage and is zoned as Mixed-Use Waterfront (MU-W). The preferred concept proposal includes a mixture of commercial use, unique retail, some housing, and is meant to be a waterfront destination venue with family friendly attractions.
The DEDA Commissioners will be presented with an Option Agreement at their March 22 meeting for review and approval. If all goes well, and all conditions are met, the developer can then take necessary steps to purchase the property and begin their developmental plan.