Business Matters roundup
In this week's Business Matters report, it's a roundup of stories: a new guitar store opens in New Hope and in Brooklyn Park, a major office and warehouse facility is under construction near the Highway 610 corridor.

Riff City Guitar opens in New Hope 

Less than a month after opening, Riff City Guitar is tapping into a customer base as varied as the guitars and accessories it offers.

"In this store, we've got probably 600 guitars, and they range from probably a dozen or more brands," said store manager Leslie Rich. "We've got a lot of parents whose kids are taking guitar up for the first time, and we do have a lot of performers, regular gig players," said Rich about its customer base.

Almost five years since opening its first location in St. Joseph, Riff City Guitar has built a commanding digital presence, with the majority of its sales coming from online. But inside the stores, there are plenty of worthy notes. For example, the story carries the full line of British-based, Chapman Guitars.

"We're the only people that carry every instrument in the [Chapman] line in the United States," said Rich.
The New Hope location offers a chance to bring in professional musicians, but it also offers customers the advantage of being able to try out the merchandise.

"I think people really want to put their hands on the gear. Tone is such a big thing for a lot of guitar players, that they need to know what it feels like and what it sounds like," said Rich.

610 Commerce Center Phase II underway in Brooklyn Park

In Brooklyn Park, the completion of Highway 610 is fueling construction of more industrial space.

The second phase of the 610 Commerce Center near the intersection of 93rd Avenue and West Broadway is well underway.

"We view it as a very strong market right now with businesses expanding and the employee base is strong in the northwest, especially this Brooklyn Park market, and the city leadership is great to work with, so we view Brooklyn Park as a great foundation for commercial real estate," said Ryan Bartley, director of commercial development and investments for CSM Corporation.

As developer and owner of the 610 Commerce Center, Minneapolis-based CSM Corporation is building a mirror image to its phase one project, which was completed in 2015. The first building, 202,000 square feet in size, is now 100 percent occupied with businesses such as Scholastic and Blackhawk Industrial.

When phase two is finished in February, the new building will be located next door to two Hilton owned hotels currently under construction in Brooklyn Park.

"I think it's ultimately a really good sign for what's happening, and what is to come," said Bartley of the developments.

Alexandra Renslo reporting
Twitter: @alexrenslo

August 28, 2017


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