Category Archives : Rochester

Heard on the Street: Alatus project starts to roll forward

Post Bulletin – Twin Cities developer Alatus LLC is ready to roll forward with its planned 13-story residential and commercial tower by Mayo Clinic’s Saint Marys Hospital. The plan is to build a $130 million luxury tower on the corner of Second St. Southwest between 14th and 15th avenues.However, a lot has to happen before […]

Rochester gives final approval to Alatus plan

– Post Bulletin In its final weighing at a Rochester City Council hearing Monday night, the benefits of the proposed 13-story residential and commercial development by Alatus on Sencond Street Southwest were found to outbalance the public objections to it. The council approved Alatus’s conditional use permit and final incentive plan by a unanimous vote, […]

Alatus project heads for final approval

– Post Bulletin The Alatus project, a once hotly contended 13-story residential and commercial tower proposed in southwest Rochester, is headed on to a final review at the Rochester City Council with a unanimous recommendation of support from the City Planning and Zoning Commission. The project, proposed between 14th and 15th avenues on the Second […]

Bob Lux: Rochester tower will be ‘legacy project’

– Finance & Commerce Developer Bob Lux on Thursday made a spirited sales pitch for his proposed 13-story mixed-use tower in Rochester, the day after the city’s planning commission deadlocked on the project. Lux, founder of Minneapolis-based Alatus LLC, told the Destination Medical Center Corp. board Thursday that the $105 million tower with 347 apartments […]

Saint Marys-area project a ‘100-year’ building

– Post Bulletin A 100-year building with materials and design directly informed by the context of Mayo Clinic and the historic Folwell neighborhood — that’s how the developers of a major mixed-use project neighboring Mayo Clinic Hospital-Saint Marys Campus described the 13-level building. After seeing and hearing the plans described at a meeting Thursday, members […]

Giant apartment, retail complex is planned in Rochester’s medical district

-Star Tribune Two developers are teaming up to bring some Twin Cities flavor to ­Rochester’s apartment scene. Minneapolis-based Alatus LLC is partnering with the Pompeian family, longtime real estate developers in Rochester, on a proposed 13-story apartment tower that would visually change the main entrance from Hwy. 52 into the city’s downtown and Mayo Clinic […]

$100 million development proposed near Saint Marys

– Post Bulletin A more than $100 million housing and commercial development is proposed for a high-profile corner of Second Street Southwest, next to Mayo Clinic’s Saint Marys campus. The plans call for a 13-story building with two levels of underground parking to be built on more than two acres at the southwest corner of […]