Business Bites: 252-unit apartment complex planned; Perkins closing; Pennington Building purchased; Studio Montage moved; Invest Downtown is Oct. 20
A 252-unit apartment complex is proposed for a vacant parcel adjacent to the city soccer park.
Discovery Meadow Apartments is being proposed by Spencer Woith for an 8.9 acre parcel, of which 6.58 acres is in the county and would need to be annexed.
The proposed development would include a portion of the current Cottage Grove phase three subdivision and the new apartment complex with six 42-plex buildings, according to the project application.
The third Cottage Grove phase is currently has a planned unit development zoning and Woith is proposing R-6 multifamily high density zoning for the apartment complex.
The proposed apartment buildings would be three stories and the complex would include a clubhouse.
The project will go to planning board likely in November, according to city staff.
Perkins and Midtown Motel
The Midtown Motel and Perkins restaurant have been sold.
Peggy O’Hare-Becker, the owner, said that Perkins will close on Nov. 1.
She said the new owner is going to continue running the hotel but she isn’t sure about plans for the restaurant.
The partnership group that created The Wild Hare has purchased the Pennington Building at the corner of Central Avenue and 5th Street.
Matt Robb, managing partner at The Wild Hare, said that for now the building and existing tenants will remain the same.
There’s “a lot of potential” with the building, Robb said.
There’s 2,500-square-foot space on the main level corner that would be a good restaurant/bar concept, Robb said.
They’re currently looking for a potential operator for that space.
Studio Montage has moved to 21 3rd St. N., Unit 1B.
Business Bites: Barges on the river; Loading Zone closing; car wash proposed for former Ryan’s Cash and Carry; Nourish kitchen moving; Signature Med Spa open; bakery opens; fitness equipment installed in Gibson Park; Jazz Night at The History Museum; Invest Downtown is Oct. 20
The Great Falls Development Authority is hosting Invest Downtown on Oct. 20 from 10 a.m. to noon at The Newberry.
Invest Downtown is an annual event that highlights successful downtown projects, new downtown businesses and opportunities for growth and development.
Yaron Goldman, CEO of Rib and Chop House, is one presenter who will discuss plans for their downtown 5,000-plus square-foot restaurant at 21 Third Street North – the former location of a Wells Fargo bank.