Maurices: Corporate Tower a Perfect Fit
Posted at: 09/14/2012 6:38 PM
Over one hundred business and community leaders gathered to celebrate the success of Maurices on Friday. The company will be the anchor tenant at the soon to be built Duluth Corporate Tower downtown.
"We have explored adding to our current buildings. But we just couldn't find the right match. We want to stay in downtown, where we were founded. And it's a place where our incredible workforce knows as home," said president George Goldfarb.
He said that AtWater Group came up with a perfect fit for them, at 425 W. Superior Street.
It also means the company can add 100 employees in the next three years.
The former KDLH building will be torn down. In its place will be a 15 story structure. It's an $80 million dollar project, with most of the funding coming from private investment.
State and local leaders are pleased it means more jobs.
Lt. Governor Yvonne Prettner Solon said, "It means more permanent jobs, and more construction jobs. And it opens the door to new downtown businesses in the future."
She also added, "We've had such a tough summer. This is a highlight for Duluth."
Mayor Don Ness joked that since the news about Maurices being the anchor tenant leaked out through the media on Thursday, that he cancelled the fireworks. But in seriousness, he said, "Now we can focus on the success of Maurices, a company that has been here for 80 years."
Employees of Maurices told us they're happy they're going to have more space to expand and help grow the company.
Construction will start this fall or spring, according to Brian Forcier, president of AtWater. "When property was purchased few years ago, it was our dream to make something special on this site. And we've reached a milestone with that."
On Thursday, Gov. Mark Dayton announced that the project is receiving $8.5 million dollars.