In the Press

PRESS RELEASE
August 11, 2008

Trader Joe's groundbreaking in St. Paul

From Left to Right: Kris Johnson-St. Paul Area Chamber of Commerce, Bill Foussard-Saint Paul Area Chamber of Commerce, Lee Seppings-Collaborative Design Group, Stuart Simek-Meridian Management, Inc. (co-developer), Saint Paul Mayor Chris Coleman, Stephani Sundry-TOLD Development Company (co-developer), Cecile Bedore-Saint Paul Planning and Economic Development Director, Bob Kessler-Saint Paul DSI Director, Dennis Rosemark-Representative for Council Member Pat Harris, Bruce Beese-Saint Paul Public Works Director

The Joint Development team of Meridian Management, Inc., and TOLD Development Company broke ground on a new 14,400 sf grocery store with 23,000 sf of underground parking and a 5,500 sf multi tenant retail building located at the corner of Lexington Parkway and Randolph Avenue in the Highland Park area of St. Paul MN. Trader Joe's will occupy the Grocery Store and leases for the retail space are under negotiations. The general contractor for the project is Rochon Corporation and architect/engineer is Collaborative Design Group.

Completion is expected in the Spring of 2009.