Business & Tech
What Golden Valley Business is Purchasing More Land?
An additional parcel of land will allow for more parking.
In a Housing and Redevelopment Authority (HRA) meeting on Jan. 8, HRA members agreed to sell a portion of land near Dahlberg Drive to Golden Valley’s Koch Trucking.
Meeting documents show that an amendment to a private development agreement would allow Koch Trucking to purchase a parcel of land owned by Bank Mutual.
As part of the purchase agreement, Koch Trucking agreed to clear the current piece of land and construct a 50-car parking lot with lighting. Parking lot construction will have to adhere to city specifications.
Koch Trucking is part of the large, privately-owned Koch Companies operating since the 1950s. It is a full-service trucking and distribution company that offers shipping options such as satellite communication and tracking, regional and specialized fleet services.
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