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Article: Ex-hotel, now dorm offers a four-way win; Turning a Holiday Inn into student housing in Arden Hills is pleasing all parties: Northwestern College, city, owner and nearby businesses.(NEWS)
- Article from:
- Star Tribune (Minneapolis, MN)
- Article date:
- October 1, 2008
- Author:
CopyrightCOPYRIGHT 2008 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: MARIA ELENA BACA; STAFF WRITER
Despite the two months left on a development moratorium at Lexington Avenue and County Rd. E, the Arden Hills neighborhood has seen an influx of nearly 300 new residents in the past month.
Northwestern College students have taken over a former Holiday Inn there in a deal viewed as a short-term win-win-win-win for the college, the city, the property owner and the businesses in the area. The four-story hotel was shuttered about a year ago, and the building and its adjoining eight acres went on the market. Developer Rob Davidson, of Davidson Cos. Inc., heard that the college needed temporary housing for its burgeoning ...