|Saturday, May 30, 2015||Search Our Site|
Comment on This Story / Send This Article to a Friend
Business North - The Daily Briefing - Business Newspaper Online
maurices breaks ground for new downtown headquarters
PHOTO: Mayor Don Ness, left, maurices President George Goldfarb and Gov. Mark Dayton were among a dozen people who ceremonially broke ground Tuesday for the company's new headquarters building.
Partners in the downtown Duluth maurices headquarters project broke ground Tuesday for the $70 million commercial development.
“This is a significant milestone for Maurices and for the city of Duluth. This is a fantastic example of a public-private partnership. I think all of you will be pleased with the result,” maurices President George Goldfarb told a large crowd of company employees and local executives and public officials who gathered between Fourth and Fifth Avenues West along Superior Street, where the development will occur.
“Projects like this continue the positive momentum we’re seeing right here in the city of Duluth,” said Mayor Don Ness. “We couldn’t be more pleased with this partnership.”
maurices is investing $50 million into the 11-story, block-long structure. A $20 million combination of city and state funds will be used to reconnect the Skywalk and construct a four-story public parking ramp that will be part of the building.
Nationwide, the retail clothing company employs 8,000 persons who work at its 900 stores. About 425 work in the Duluth headquarters office, some of whom perform back office duties for Ascena Retail Group, maurices’ parent firm.
“Our new HQ will allow us to grow and add new jobs to meet the demands of our projected growth,” said Goldfarb, who noted that local employment will climb to approximately 600.
“What a fabulous day for Duluth. This is as good as it gets,” said Gov. Mark Dayton, who attended the groundbreaking after touring flood-damaged International Falls.
Two-hundred-fifty persons in the construction trades will be employed while the structure is being built. Work will begin in July and is set for completion in the spring of 2016.
When the facility opens, maurices will occupy six levels, the parking ramp will fill four and the Superior Street level will serve as a gateway and main lobby for the corporate offices. Some retail development is likely on the main level.
Previous Daily Briefing Articles:
BusinessNorth - The business news source for Northeastern Minnesota and Northwestern Wisconsin.|
P.O. Box 16223, Duluth, MN 55816
Phone: 218-720-3060 Fax: 218-720-3068 email@example.com