WAYZATA, MN-Roseville-based Presbyterian Homes & Services will build a retail and senior housing complex in downtown Wayzata. Crews will start demolishing parts of the former Wayzata Bay Shopping Center in April for the $125-million complex.
The Promenade of Wayzata will be constructed on the 15-acre parcel of an empty shopping mall. The first phase of the project will include Folkestone Senior Housing, a 254-unit complex, and nearly 32,000 square feet of retail space. Construction is scheduled to be completed in fall 2013. For the full story, go to Minneapolis/St. Paul Business Journal .
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