





Wojcik's blog:
http://www.votewojcik.org/blog/2016/11/ ... al-update/
Final Concept:
https://drive.google.com/file/d/0BxMKqs ... Njb0E/view
"Bloom has returned back to the plans of having two towers instead of three," said Mark Dickson, CEO Rochester's Oxford Management. "The original plan (in 2015) had two towers, but then they decided to add a senior tower. After the crunching the numbers, it was decided to fold those senior apartments into the hotel and go back to two towers."
http://www.postbulletin.com/news/local/ ... c6276.htmlThis new plan is slightly smaller than the previous version. The current plan includes 896,936 gross square feet of space versus the 1 million gross square feet of the 2016, three tower proposal.
The current proposal includes 166 condo apartments, 126 senior living units and 160 hotel rooms. Plans show that the condo apartments will all be housed in the south tower. The senior units are proposed to be located above the hotel rooms in the north tower.
It's expected that the project will go before the DMC board this May and then the City Council. They still hope to break ground this year.The city-owned land appears to be spread over five parcels, according to Olmsted County property records. Collectively, they are valued at about $4.1 million. Most of the parcels have seen a dramatic increase in value since 2015. The value of one parcel just above Third Street Southeast, for instance, zoomed from $91,500 in 2015-2016 to $619,900 in 2016-2017.
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