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Mendota Plaza

3/1/2011

Originally purchased by Paster Enterprises in 1985, Mendota Plaza in Mendota Heights, Minn., underwent a minor facelift in 1989. In 2005, it became evident that the 60,000-sq.-ft. community shopping center needed a significant revitalization, and so the planning began. While developing the plans for the new and improved Mendota Plaza, Paster Enterprises worked tirelessly to acquire the adjacent eight acres of land. Along with several smaller parcels, the land was acquired, bringing the full parcel to 21.2 acres.



In 2008, the Preliminary Plan and Plat was presented to the City of Mendota Heights Planning Commission and City Council. After several public meetings, the plan was approved in January 2009 and the Final Plan and Plat received approval in April 2009…right in the middle of the worst commercial real estate market in recent memory. After a hard fought battle, Phase I of the redevelopment officially broke ground in April 2010.



Mendota Plaza Phase I, now complete, includes the remodel of the existing 48,000-sq.-ft. retail building, major parking improvements and significant landscaping enhancements, as well as the development of a 14,820-sq.-ft., stand-alone Walgreens. Joining Walgreens are Anytime Fitness, Teresa’s Mexican Restaurant, Subway and Tuesday Morning, as well as several medical practitioners.



Phase II of the Mendota Plaza redevelopment, scheduled to begin later this year, will include the addition of a four-story, 100,000-sq.-ft. senior housing facility, followed by a 7,600-sq.-ft. restaurant building, 12,000 sq. ft. of additional retail space, a 36,000-sq.-ft. office building and a 10,130-sq.-ft. childcare facility.



When complete, the comprehensive overhaul of this community destination will more than quadruple its original size. Mendota Plaza’s integrated layout offers a pedestrian friendly shopping center and mixed use development with ample gathering space, outdoor patios and a waterfront view of fountain adorned nature ponds.


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