Developer: Waterfront Resort Construction to Begin by 2014
Posted at: 09/10/2013 5:44 PM
| Updated at: 09/10/2013 11:03 PM
By: Emily Haavik
Developers said Tuesday that they're moving forward on financing a new waterfront resort in Duluth.
Pier B, a place these developers feel is an untapped treasure, is right next to Bayfront Festival Park. The former LaFarge Cement Plant may not look like much now. But Sandy Hoff, president of F.I. Salter Co. Inc. and one of the developers, said it will be cleaned up soon.
Hoff said he's been getting question after question about when the finances will be ready for construction to begin, and he addressed that issue Tuesday at a Chamber of Commerce luncheon.
"The financing piece has taken way longer than we ever imagined, but I'm pleased to report that we are very close, and that's going to allow the project to go forward very quickly," Hoff said.
Hoff added that he believes hard construction will begin sometime between the end of this year and the beginning of next year.