New tenant for Corporate Center
The north building of downtown Grand Forks' Corporate Center is gonna get a new tenant after sitting vacant for the last three years.
The Social Security Administration, which has an office near downtown, is moving into the third floor and paying $146,000 a year for the first seven year. The lease for another eight years is negotiable.
The city built the Corporate Center in 2000 and quickly filled the south building with Alerus Financial; Camrud, Maddock, Olson & Larson; and Brady Martz. But man has it had trouble with the other building. Blue Cross Blue Shield of North Dakota, also known as Noridian, moved into the second and third floor in August 2000 but had left by August 2003. The first floor has always been vacant.
The same year Noridian left, United Way of Grand Forks, East Grand Forks and Area and Village Family Service Center began plans to convert two floors into a non-profit center. But the groups sought incentives from the city to make that happen and the city wouldn't bite.
The Social Security Administration, which has an office near downtown, is moving into the third floor and paying $146,000 a year for the first seven year. The lease for another eight years is negotiable.
The city built the Corporate Center in 2000 and quickly filled the south building with Alerus Financial; Camrud, Maddock, Olson & Larson; and Brady Martz. But man has it had trouble with the other building. Blue Cross Blue Shield of North Dakota, also known as Noridian, moved into the second and third floor in August 2000 but had left by August 2003. The first floor has always been vacant.
The same year Noridian left, United Way of Grand Forks, East Grand Forks and Area and Village Family Service Center began plans to convert two floors into a non-profit center. But the groups sought incentives from the city to make that happen and the city wouldn't bite.
posted by Tu-Uyen at 10:50 PM
2 Comments:
Nice! Good to see this building finally getting used again. Plus, more business to downtown!
P.S. Tell us more about the Civic Center, Tran! We know you have some information on who wants to move in there. ..cough..Amazon.com?..cough..
Great site loved it alot, will come back and visit again.
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