Saturday, April 23, 2011

Another Huge Development Project in the Heart of the Bakken -- Stanley, North Dakota, USA

Updates

May 22, 2011: Minot Daily News with nice update. Annabelle Homes will pay for all infrastructure; will pay police and fire departments $500/month for their costs.


Original Post

Link here. Regional links break early and break often.
The city of Stanley is moving forward with a sizable development that will address housing concerns as well as revitalize the city's appearance.

Minneapolis development firm Annabelle Homes has received approval for a project consisting of more than 50 homes, office and commercial business space as well as two parks.
Some data points:
  • 20-acre tract
  • 28 energy efficient single-family homes
  • 25 townhouses
  • A 16,000-square-foot office complex: a two-story building to house a visitor center, Mountrail County Historical Society and entrance to Flickertail Village Museum
  • A 12,000 square foot retail building next to the office complex
  • Developer: Annabelle Homes out of Minneapolis, Minnesota; the firm approached Stanley; told them it was a "50-year decision"
The population of Stanley, North Dakota, was 1,458, in the 2010 census. Stanley is north/northwest of the two best fields (right now) in North Dakota: the Sanish and the Parshall. The town sits in Ross oil field, near Alger and Stanley oil fields. All of them are very good fields.

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