Wednesday, June 5, 2013

34 Acres, $1.3 Million, Dickinson Interstate On-Off Ramp, Exit 59 -- Near The MDU-Calumet Refinery

The Dickinson Press is reporting
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.

“We believe this is the best piece of property in all of southwestern North Dakota,” Hymel said after the auction.
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.

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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