Five Diamond Fund Managers will pay just more than $1.3 million for 34 acres of real estate that will represent about one-third the land mass of a large-scale, mixed use development, [near Interstate 94’s Exit 59] said Five Diamond spokesman Brian Hymel.This ramp is relatively near the new MDU-Calumet refinery going up southwest of Dickinson. But I believe the MDU-Calumet refinery is west-north-west of Patterson Lake, west of exit 59. Northwest of Patterson Lake is a CBR terminal easily visible on Google maps.
“We believe this is the best piece of property in all of southwestern North Dakota,” Hymel said after the auction.
A reliable source tells me the exit 59 parcel is 3 miles east and 1.5 miles north of the refinery. So, now you know as much as I do. My hunch: they are going to put in a 34-acre drive-through Starbucks. And casino.
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