Mi-Sant Kitchen and Bakery plans third location in Shoreview
What happened
Mi-Sant Kitchen and Bakery, which 44 Investment Company operates, plans to open its third location in Shoreview. The Shoreview City Council unanimously approved a purchase agreement for the former Fire Station 140 for $1,350,000 during its September 21 meeting. The new site will function as a smaller-scale Vietnamese bakery and fast-casual restaurant, including a dedicated test kitchen.
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Why it matters
The expansion represents an increase in portfolio value and revenue potential for 44 Investment Company. The approval of the purchase agreement by the Shoreview City Council facilitates local commercial growth within the city.
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Who's involved
- ShoreviewThe city where the new commercial development is planned
- city councilThe legislative body that approved the purchase agreement
- investment companyThe company that operates Mi-Sant Kitchen and Bakery
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- investment companySpeculative
The expansion of Mi-Sant Kitchen and Bakery could increase its portfolio value and revenue potential.
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The entities involved
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Shoreview
city in Ramsey County, Minnesota, United States
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