MANKATO — One of the biggest downtown developments in recent history is expected to get final Mankato City Council approval Monday night as is a major development project slated for land behind Madison East Center.
Mankato-based Tailwind Group is planning to remake a block between Front Street and Riverfront Drive, where Pagliai’s, Pub 500 and Miller Motors are.
The nearly $16 million project, which could get started this spring, will bring a multi-story office tower, a five-story retail and apartment building and a parking ramp.
The six- or seven-story office tower, on the corner of Riverfront Drive and Warren Street, would bring a new business to town that would employ about 30 people with another 100 or more employees in the building coming from local businesses that relocate there.
Another five-story building would be built along South Front Street, where Miller Motors and RedSky Lounge are. Those two buildings would be razed. RedSky would locate in part of the first floor of the new building. Three floors of the building would feature 15 upscale apartments.
A pedestrian walkway would run between the new building and Pagliai’s Pizza to a parking ramp to be located behind the five-story building and adjacent to the office tower. A piece of land on the corner of Riverfront Drive and Cherry Street is slated for a possible future tower.
to begin soon
A prime 35-acre parcel of land behind Madison East Center is to be developed into high-end apartments as well as businesses. That project, too, is slated for final council approval Monday night.
The long-anticipated development will finally bring a permanent connection of Adams Street behind Madison East and likely spur office and store developments behind the mall and along Victory Drive North.
The initial development would include three three-story buildings on the west side of the property containing a total of 172 housing units. The housing will overlook ravines and a pond with heated underground parking.