Over the past four years, the City of Chaska has been working to help spur redevelop of the former Chaska Building Center site along the north side of Co Rd 61. The Chaska Building Center went out of business in 2010 as an unfortunate victim of the significant housing market recession.
The City of Chaska felt it was important to remove the old buildings on the site which were beginning to deteriorate and posed a public safety hazard. Also, the City wanted to find a re-use for the site that would bring more jobs downtown. With that objective in mind, the City worked with the bank that held the mortgage on the property to help develop a plan to reutilize the site. The property includes the former Chaska Building Center site seen from Co Rd 61, but also the town homes developed to the north of the creek and behind the Chaska Building Center site.
The City has been able to help redevelop the residential townhome portion of the site. The first phase was completed about a year ago and is now fully occupied. The same developer is now looking at completing the second phase of the project this summer.
Approximately one quarter of the old Chaska Building Center site along Co Rd 61 was also reused with the reintroduction of a new mill and cabinet shop from the former Building Center.
That leaves approximately 8 acres left for redevelopment on the site. The City has been working with a broker to try and re-use the property. At this time the City is working with United Properties who would like to erect a 100,000 sq ft building between Cuzzy’s and the mill building. The development would include a significant office component and light industrial. The main objective in redeveloping the site has always been to introduce more jobs into the downtown area of the City and bring more daytime population into the area to take advantage of the retail and restaurant establishments.
The Chaska Economic Development Authority will be considering a purchase agreement with United Properties on Monday night at the Council meeting. If United Properties were to move forward with the project, their intent is to start construction in the spring, with the building completed by the end of the summer. This would be a significant enhancement to this site aesthetically and economically.
The City is very excited about the opportunity to complete the redevelopment of this site and work with United Properties to bring the project to fruition.
Any questions about this item may be directed to the Chaska City Administrator, Matt Podhradsky at Matt@chaskamn.com or by calling 952-448-9200.