Some say the LaFarge cement terminal site west of Bayfront Park in Duluth is the most valuable undeveloped piece of waterfront on the entire Great Lakes.
That’s a pretty big statement that some might debate. But most can at least agree that it is, indeed, prime waterfront property.
Plans to transform the LaFarge property downtown into a bustling new waterfront development, will be the subject of a breakfast program March 9 at the Radisson Hotel in Duluth.
Sandy Hoff, who is part of an investment team that recently purchased the LaFarge property for $1.3 million, will speak, along with Brian Hanson, director of business and community development for the city of Duluth.
Hoff’s investment team which includes developer Alessandro Giuliani, has big plans to convert the waterfront property into lodging, retail, restaurant and entertainment venues. They plan to reuse the silo-type cement terminal on the property in some fashion, perhaps as a roof-top restaurant. Adding to the site’s potential is the possibility that the Minnesota Department of Natural Resources will create a marina next door for recreational boats.
To do all this, the area must first be rezoned from waterfront industrial to commercial waterfront. And they’ll likely talk about that, too.
The Downtown Perk Breakfast Program, sponsored by the Greater Downtown Council, will be 7:30 a.m. to 8:30 a.m. at the hotel. Cost is $15 for members, $20 for non-members. Contact email@example.com.