Tag: lease

Downtown Norfolk’s formidable food stuff hall undertaking has operate aground. Its room is now for lease.

Granby Station has been a gradual disappearing act.

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Almost two several years ago, direct partners Robert and Alvin Barnuevo announced formidable plans to elevate the profile of foodstuff in downtown Norfolk: a 10,000-square-foot, 13-seller foodstuff corridor with communal seating, a cocktail bar, a bakery, and a world wide selection of bites that ranged from modern-day Filipino to Mexican street food stuff.

Development commenced quickly. The Granby Station foodstuff hall was projected to open up in summer season 2019, in a distinguished town-owned house at 103 and 111 Granby St. in just a stone’s throw of The Principal resort.

Partners mounted a festive mural proclaiming “Norfolk’s 1st food stuff hall”, and a Adore sculpture that was immediately festooned with inscribed locks proclaiming bonds that would last for good.

A roster of attention-grabbing chefs signed on to serve their foods: Charu Patel of adventurous Indian chaat residence Tamarind. Creole chef

Minnesota considers new lease on defaulted mining project in Nashwauk

The state of Minnesota could issue a new lease for the defaulted Mesabi Metallics Co.’s taconite project in Nashwauk under an amendment proposal the governor’s executive council will review Wednesday.

The lease amendments proposed by the Minnesota Department of Natural Resources (DNR) require Mesabi Metallics to first put $24.5 million into escrow accounts by Tuesday and to pay an additional $11.5 million in past-due rents and royalties owed to the state.

The funds would be overseen and used by the DNR, the state Department of Employment and Economic Development and Itasca County.

If approved by the state’s executive council, the newly amended lease will require Mesabi Metallics and its two partners — Essar Global and HBI Newco — to complete construction of several structures in Nashwauk by specific dates, a task that has proved difficult to date.

Mesabi Metallics “is pleased to announce it has agreed to the terms of