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Condo Conversion Faces Denial as Wayzata City Council Expresses Concerns Over Promenade Leasing Efforts

The Wayzata City Council voted 4-1 to instruct staff to draft a resolution for the denial of an application submitted by Presbyterian Homes on Tuesday, January 9th. The proposal sought to convert the former Lunds & Byerly’s retail space at the Promenade’s Superior Block into loft-style condominiums. City Staff is expected to present findings of…
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Presbyterian Homes Submits Amended Plans for Promenade of Wayzata Construction
Presbyterian Homes has presented revised plans to Wayzata city officials, proposing amendments to the general plan that would enable the initiation of construction on the initial two structures of the Promenade of Wayzata by December 2011. These buildings constitute the senior housing facet of the project, known as Folkestone. Concurrently, negotiations are underway regarding the…
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Original Pancake House Set to Depart Wayzata Bay Center, Paving the Way for Redevelopment
The Original Pancake House has formally agreed to vacate the Wayzata Bay Center by October 1. Ken and Karen Savik, the owners, were the final long-term tenants within the Bay Center, a notable landmark named after Wayzata Bay on Lake Minnetonka. The agreement between Presbyterian Homes and the Original Pancake House was officially concluded on…
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Wayzata Bay Center Redevelopment Company Announces Revised Timeline
Presbyterian Homes has issued a revised schedule for the completion of planning and construction for the Wayzata Bay Center. While the planned Bay Center redevelopment remains unchanged in size and scope from the plans approved by the City Council in June of 2008, the new schedule delays construction from a 2009 to a 2010 construction…

