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Hoff and Giuliani selected to develop waterfront parcel

Lot-D-for-Duluth-746x598The Duluth Economic Development Authority announced today the recommendation of Sandy Hoff and Alessandro Giuliani to develop Lot D, a 12-acre waterfront parcel that sits between the recently opened Pier B Resort Hotel and Compass Minerals.

The parcel has 12 acres of developable land with 1,500 feet of lake frontage and is zoned as mixed-use waterfront. The preferred concept proposal includes a mixture of commercial use, retail, some housing, and is “meant to be a waterfront destination venue with family friendly attractions,” according to a news release from the city of Duluth.

DEDA issued a request for proposals in spring 2016. A review committee felt the Hoff-Giuliani team best represented the objectives laid out in the RFP.

DEDA Commissioners will be presented with an option agreement at their March 22 meeting for review and approval. The agreement lists milestones and enables temporary property access for the development team to conduct its due diligence over the next year and explore geotechnical issues, site opportunities and challenges to ensure financial feasibility of elements in the proposal. Following this phase, the developer could return to DEDA and pursue a development agreement to officially purchase the property, assuming conditions are met.

1 Comment

Special K

about 6 months ago

We can always use more development down there, but I really hope there will be someone other than Hoff/Giuliani in the running. For Pier B they came in proposing pie in the sky dreams like converted silos and a 12 story hotel with a massive atrium containing stores and a display for the Viking ship with underwater parking garages. That got whittled down to just another hotel and parking lot with a mediocre (at best) restaurant. And across town, is anyone really super impressed by Clyde Iron Works or the Heritage Center and all of its unfulfilled plans? Good on them for trying and making the investment, but I really think they should be focusing on improving what they've already done first. Let someone with more vision and resources step in at some point down the line. Maybe even (gasp!) industrial development.

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