Archives for Business

Wayzata group plans to move ahead with $430 million Minnesota racing complex – Finance and Commerce

Share
Finance and Commerce is reporting that Wayzata based International Motorsports Entertainment and Development Corp. is planning to build a NASCAR ready oval track and 60,000 seat complex.  Here is an excerpt from an article by Brian Johnson:
Envision Target Field, with fast cars instead of fastballs.
Wayzata-based International Motorsports Entertainment and Development Corp. (IMEDC) is trying to [...]

Wayzata based Bacchus Wine Group to hold wine auction | StarTribune.com

Share
The Star Tribune has  a piece on Micheal Wigley and Brian Jackson who own and operate the Bacchus Wine Group.  The pair has a storage space in Wayzata that holds millions of dollars worth of wine, a good portion of which will be auctioned this weekend.  Here is an excerpt from the article, as well [...]

The Wayzata Bay Center’s Indoor Farmer’s Market Is Back

Share
Over the Holiday season, the Bay Center introduced indoor farmer’s markets to the Wayzata community and due to the great success of those markets the Wayzata Bay Center merchants are bringing back the farmer’s market on February 27th from 9AM – 3PM.
The Indoor Farmer’s Market will sell a wide range of locally made crafts, [...]

Jim McComb, Muni Consultant, appears in StarTribune.com

Share
If you paid any attention to the Wayzata Muni decisions that were made by the Wayzata City Council, you very likely heard Jim McComb present his research during the meetings.  Now the Star Tribune has taken notice of McComb because of his involvement helping Presbyterian Homes plan for the new Wayzata Bay Center.
Within the article, [...]

MG Kaminski delinquent on Boatworks Building, other real estate | StarTribune.com

Share
You might have heard the rumor that the Boatworks building owner MG Kaminski is under pressure–but this is the first story I have seen published on the topic that reports that the Boatworks loan is delinquent, according to TREPP, a New York based real estate research firm.  MG is also apparently behind on taxes on [...]

Michael Fitzgibbons faces tax charges | StarTribune.com

Share
The Strib has an article on Michael Fitzgibbons who has been charged with tax evasion.  Here is an excerpt from the story, as well as a link to the full article:
A Wayzata man with income in six and seven figures has been charged with failing to file state tax returns and trying to evade taxes [...]

Wayzata Capital preparing Polish IPO | Warsaw Business Journal

Share
Wayzata Capital is preparing to enter the asset management market in Poland and to this end it might designate as much as $100 million for acquisitions.
“We shall soon establish a joint venture in Russia. For a few months we have been preparing to open an office in Poland in order to offer asset management. In [...]

Wayzata resident Irwin Jacobs reaches deal to buy back 3 boat brands, Little Falls plant | StarTribune.com

Share
Wayzata resident Irwin Jacobs has re-acquired three boat brands after his Genmar Holdings filed for bankruptcy.  Here is an excerpt from the Strib, as well as a link to the full story:
Minneapolis businessman Irwin Jacobs said Thursday that he’s reached a deal with a private equity firm to buy back three boat brands and the [...]

TCF Bank accepting donations to Red Cross for Haiti and will match contributions.

Share
WAYZATA, Minn., Jan 19, 2010 — TCF Bank is now accepting donations on behalf of the American Red Cross International Response to assist those affected by the recent devastating earthquake in Haiti. For a limited time, for [...]

BMW dealer makes a big move, bet on the future | KARE 11

Share
KARE 11 has a very nice piece on the new BMW dealership that opened for business this week next to Wayzata Nissan.  The video shows us many of the amenities, and gives an interview with Peter Hasselquist.  Check it out!
MINNETONKA, Minn. — Weather will be much less of a worry for customers and staff at [...]

Page 1 of 2:1 2