Business & Tech
Report: Huge Fridley BAE Site Sold
A 'modern industrial park' will replace the sprawling munitions plant, according to the Minneapolis-St. Paul Business Journal.
A giant redevelopment project in Fridley took a giant step forward Wednesday when developer Paul Hyde closed the deal to buy the BAE site on East River Road for $13.5 million, the Minneapolis-St. Paul Business Journal reported:
Hyde doesn't have a name for the project yet. He's interviewing potential architects to help draw up a final site plan and possibly help with branding the site, which has an interesting history dating back to World War II when gun turrets were made by women working on the home front.
"We'd like to find a way to honor that history," Hyde said.
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Read the full report at bizjournals.com.
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