A massive makeover is in the works for the site of a former bar and a respected real estate headquarters.
Kilbourne Group has released a $27.5 million plan that over the next two years would include 147 apartments in two four-story buildings on the west side of downtown aimed at turning a partially blighted block into an inviting gateway to another walkable neighborhood.
The two-phase plan, which includes climate-controlled enclosed parking for both phases, would raze the former Nestor bar at 1001 NP Avenue and the Park Company Realtors building that stands a half block north at 28 10th St. N., Kilbourne’s project manager Deb Wendel-Daub said Tuesday, June 25.
“We’re building pretty much the whole lot,” Wendel-Daub said, including vacating an alley that divides the two properties.
Homes on the west side of the block will not be removed, Kilbourne Group spokeswoman Adrienne Olson said.
Wendel-Daub said the location of the property creates an exciting opportunity.
“We’re anticipating that the area just north of NP Avenue and between 10th Street and University Drive is like the new neighborhood residential area that’s very high density. This building would be a gateway to that new neighborhood,” Wendel-Daub said.
The area already includes Prairie Roots Food Cooperative, Pixeled Brewing Co., Wild Terra Cider and a mix of housing and commercial space.
“I just envision that that entire neighborhood area, will develop with apartment living,” Wendel-Daub said. “I just have a lot of optimism for that area,” she said.
Park Company has already announced on Facebook that it plans to move out of its longtime downtown home and shift its operations to The Suites at 4170 located at 4170 41st St. S., Fargo.
However, the purchase agreement for the Park Company land by Kilbourne Group is still being reviewed, Olson said.
If that purchase falls through for whatever reason, Olson and Wendel-Daub said the project’s first phase housing and restaurant on the Nestor land at the corner of NP Avenue and 10th Street North can still be built, but it would require taking the changed project back again through the city’s process for obtaining tax incentives.
Wendel-Daub said the first phase building will feature a restaurant with large glass windows and outdoor seating facing the corner of NP and 10th, providing a striking first view of the four-story building as drivers head north out of the 10th Street underpass.
The 5,200-square-foot restaurant space does not yet have a tenant, Wendel-Daub said.
The first phase includes 77 apartments, with another 70 apartments in the second phase. The apartments would include studio, and one-, two- and three-bedroom units ranging in size from 520 square feet to more than 1,500 square feet, Wendel-Daub said.
The apartments are larger than those done in other recent Kilbourne Group projects, such as Roberts Commons, Dillard Apartments, and Bostad Apartments, Wendel-Daub said. They are closer in size to The Woodrow Apartments at the former Woodrow Wilson school.
The first phase of the project also includes a number of two-story units on the south and north sides that would have their own street-level entrances, Wendel-Daub said. Phase 1 would have 61 stalls of underground parking, while phase II would have 98 stalls of enclosed ground-level parking.
There will also be a surface parking lot with stalls for both the restaurant and tenants, too.
Each of the phases would include a community room with access to above-ground outdoor areas. Several of the units above the Phase II parking area will also have areas to walk out on the roof, too.
If all goes well, demolition at the construction site could begin in September.
The Phase I building is planned to be finished by the end of 2020. If all moves smoothly, Phase II construction could be finished by the end of 2021, Wendel-Daub said.