Grand Forks Economy

[geaux_sioux]

23 hours ago, SIOUXFAN97 said:

rooftop dining right there would be nice.

A good rooftop patio for a legit restaurant would kill in that location

 

[SIOUXFAN97]

you wonder how much longer that forx realty? (building south of gate city bank) on demers can hold on til...it's really run down and with all the building going on around it  it has a nice location....you would think a skinny and tall (tall for grand forks) almost flatiron looking building right there would look nice.

[forksandspoons]

On 8/10/2019 at 1:31 PM, SIOUXFAN97 said:

rooftop dining right there would be nice.

Solid idea. I hope that's something they're considering. 

[Cratter]

Grand Forks based Alerus Financial plans to go public with an IPO target of $75 Million.

[SiouxVolley]

13 hours ago, Cratter said:

Grand Forks based Alerus Financial plans to go public with an IPO target of $75 Million.

Not sure why it’s an IPO, as they have already traded on the OTC market for nearly two decades.  It will be listed on the NASDAQ now, but that’s not an IPO but a change in listing. Perhaps missing something.  

https://www.thestreet.com/quote/ALRS.html

The Twin Cities Business Journal say Alerus is a now a Minneapolis based company based on where revenue  sources and that paper confirms that Alerus is already listed.

http://tcbmag.com/news/articles/2019/august/alerus-unveils-plans-for-75m-ipo

[SiouxVolley]

Alerus probably had old stockholders that wanted to sell, and they made a market for it on the OTC.  This gave them a way to sell their shares, even though it hadn’t IPOed yet.

[Cratter]

Simplot: the high rise freezer.

[gfhockey]

Sinplot freeZer is very cool. Yes eye sore but lots of money. 

[Shawn-O]

14 minutes ago, gfhockey said:

Sinplot freeZer is very cool. Yes eye sore but lots of money. 

You've got Weekley's boneyard a stone's throw away from the airport.  Eyesores seem to be the least of anyone's worry.    

[Cratter]

I heard Weekleys use to pretty much be where Simplot is...."back in the day."

[BarnWinterSportsEngelstad]

6 hours ago, Cratter said:

I heard Weekleys use to pretty much be where Simplot is...."back in the day."

So was Swangler's

[forksandspoons]

Enrollment up 126 students and Grand Forks Public Schools 

https://www.grandforksherald.com/news/education/4642911-Grand-Forks-school-district-sees-enrollment-increase

[siouxfantastic]

On 8/28/2019 at 10:44 PM, BarnWinterSportsEngelstad said:

So was Swangler's

Richie Swangler still has a place on 42 north of Gateway. 

[BarnWinterSportsEngelstad]

6 hours ago, siouxfantastic said:

Richie Swangler still has a place on 42 north of Gateway. 

Bought a transfer case there a year ago.

[SiouxVolley]

So Bismarck gets a Costco first.

https://bismarcktribune.com/news/local/bismarck-city-commission-annexes-land-for-costco-approves-m-development/article_b1ce6fb8-dc57-5030-894d-25f47d2b3222.html

[northernraider]

INewz story that Bed, Bath, and Beyond is closing. It's going to be hard to fill these large retail stores. Hornbachers, Pier One, Macys, Sears, and now this one. 

[nd jg]

2 minutes ago, northernraider said:

INewz story that Bed, Bath, and Beyond is closing. It's going to be hard to fill these large retail stores. Hornbachers, Pier One, Macys, Sears, and now this one. 

It would be interesting to see how far apart they were on the lease negotiation.

[gfhockey]

Where is our chamber of commerce or the edc guys? 

 

They should be trying to get more retail in town in town instead of apartments. People aren’t goinf to move here without places to work

[SIOUXFAN97]

6 minutes ago, gfhockey said:

Where is our chamber of commerce or the edc guys? 

 

They should be trying to get more retail in town in town instead of apartments. People aren’t goinf to move here without places to work

just keep voting for mayor brown and it will all be okay?

[gfhockey]

Voted bjerke last tome

 

briwn and his crownies didn’t even question the budget that Feland and haga put together. Bjerke would have been all over it

[SIOUXFAN97]

1 minute ago, gfhockey said:

Voted bjerke last tome

 

briwn and his crownies didn’t even question the budget that Feland and haga put together. Bjerke would have been all over it

how much side money is haga sending to his cronies?

[northernraider]

Haga makes upward of 100k, which I still cant comprehend. GF has a city administrator and mayor, still not sure why Pete makes over 100k as a "chief of staff"  

[SIOUXFAN97]

1 minute ago, northernraider said:

Haga makes upward of 100k, which I still cant comprehend. GF has a city administrator and mayor, still not sure why Pete makes over 100k. 

bernstrom needs a a raise tho

[gfhockey]

What’s feland do vs haga 

[gfNDfan]

5 hours ago, nd jg said:

It would be interesting to see how far apart they were on the lease negotiation.

Dakota Commercial has more vacant commercial properties in this town than I've ever seen!   Sure they OWN all the commercial property...they just don't want to RENT the commercial property unless it's at "their" rate.   Look around - for example.  Golden Corral closed down 6 years ago.  DC converted that space into a strip mall that has never been occupied by more than a car dealership for a couple months as their location underwent street construction.  They have "space available" signs everywhere else in this town.  Maybe they could have cut Bed Bath and Beyond a break....considering the current retail situation in GF....guess not:-)