Baken Park's major makeover is generating a buzz.
Real estate agency Perkins Properties reports the shopping center's renovation is drawing interest from potential tenants.
"It's been amazing to me the number of phone calls we're getting. In the time of COVID-19, there's a lot of entrepreneurial spirit out there," Tim Martin, general manager and leasing agent at Perkins Properties in Omaha, Neb., said Monday.
Martin said he hopes more retail shops will lease space there, but other types of tenants are welcome, too.
"We want good, reliable tenants that treat their customers well and that serve the Rapid City area well. If you get tenants that have a good product — I don't care what product — and they serve their customers well, they're going to be successful and that's what we're looking for," Martin said.
Baken Park is owned by MG Oil Co. of Rapid City. According to Pennington County equalization records, MG Oil Co. acquired the 195,000-square-foot shopping center on Oct. 18, 2019, for $14 million from MFP Mid-America Shopping Centers LLC, of Omaha, Neb.
MG Oil Co. has obtained $2.75 million in permits for demolition, site improvements, exterior and structural upgrades at Baken Park, said Curt Bechtel, a building official for the City of Rapid City.
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