Thursday, May 30, 2013

Williston Wire; Minot Motel Occupancy Down To 57%

Headlines only; it is easy to subscribe to the Williston Wire.
  • Home Depot's new address in Williston: 13960 West Front Street; recently housed Derrick Equipment Company.
  • Renaissance Heights Apartments, Phase 1, ground breaking; amenities to include an indoor pool and spad, a modern fitness center, and theatre with lounge seating.
  • Oil patch housing is shifting from temporary to permanent.
  • Hotel occupancy in Minot in April: 57%. 
  • Misperception about a "wild west" mentality in the Bakken oil patch.
  • K-9 unit marks second year in Williston.
  • ND's oil production at record pace: almost 800,000 bopd.
  • Garden Creek III, near Watford City, approved. Previously posted.
  • Amtrak considers Culbertson stop.

4 comments:

  1. The same current issue of Williston Wire shows the new propsed 6 story office/retail/apartment mix building that a FEW downtown business owners are opposing. It is a nice looking building and would definately add to revitalizing Williston's downtown. The few people opposed are complaining they will lose the parking lot which they say is always full. People can do without the parking lot for a year while the construction takes place. In the end they will have the parking back. I had to laugh by one of the comments by one business owner who claimed this new building in the end will be the death of downtown WIlliston...which makes absolutely no sense. Another negative nanny....a city commissioner said he is opposed to this current project right now, and said there will be a time in the FUTURE for this project. Are these 2 people for real? The time is NOW.

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    1. That's even more incredible: the parking lot is lost only during construction! And then they get it back, plus all those new apartment dwellers who will most likely shop downtown.

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  2. another comment. Minot overbuilt in their Hotel market. They had a news story about this last year which suggested Minot might be overbuilding because the occupancy rates were dropping at that time into the 70%'s. But they continued to keep building more hotels. I think some of these developers thought Minot was going to benefit greatly from the oil boom, which it has not. They have a few service companies, but many of the workers who were housing in Minot hotels, have since been able to move closer to where the real work is as they build more and more housing and hotels in places like Williston, STanley, Watford, and Tioga.

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    1. Nice for the consumer, though. And the occasional tourist.

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