Development of former tourist information property is progressing
The infrastructure for the 16-acre commercial development on the site of the former tourism center in Hudson is nearly completed, according to a partner in the development.
David Robson said Monday that Xcel Energy will soon install the main underground gas and electricity lines to the building sites along the street running through the property.
An announcement of the first tenants of the property could come within a few weeks, he indicated.
This week, a crew from B&B Electric was installing the switch boxes for the traffic lights that will be placed on Crest View Drive at the entrance to Walmart and the new commercial development.
Robson said he expects the traffic lights to go up and be activated within the next couple of weeks. They will create a new stop for traffic on the four-lane Crest View Drive, but also make it easier for motorists to make a left turn out of Walmart and the new development, which Robson said will be named Hudson Center.
He said he also expects the new signalized intersection to make it easier for motorists to exit the County Market parking lot onto Crest View Drive.
The developers have reached an agreement with the owners of the Taco Bell property at the corner of Crest View and Gateway Boulevard that will reconfigure the restaurant property and give it an access to the new street in the development.
The street runs between Gateway Boulevard and Crest View Drive at the entrance to Walmart.
“I think what we are doing is going to change things for the better for a lot of reasons,” Robson said. “Reusing that tourism center property is going to be really good for the city. It was an eyesore and is going to turn into tax-producing properties.”
Robson and three partners -- Brian Zeller, Dave Alwin and John Berdusco -- bought the former tourist center property from the state a couple of years ago for $1.25 million. They’ve since spent a lot of money clearing and leveling the property, building a drainage pond, constructing the street, and installing water mains, sanitary sewer and storm sewer.
Robson said the final layer of street asphalt will be laid in late October or early November. They’ve held off on putting down the wear course to get a better idea of where the curb cuts will go, he said.
The partners are in negotiations with a couple of potential tenants of the development, Robson reported.
He said the footings for two retail buildings will be installed this fall and the construction will probably resume in February of next year.
Robson said his guess is that the development will have 10 to 12 retail buildings when it is fully occupied.
He said the developers will construct buildings and lease space in them to businesses, as well as sell lots on which businesses can construct their own buildings.
Robson, a real estate agent for Greystone Commercial, is a contact for businesses interested in the development. He can be reached at (651) 248-0390.