Owner of destroyed building at 54th & Lyndale plans to rebuild

The owner of the destroyed Diamond Lake Rental and Beek’s Pizza building is making plans to rebuild at 54th & Lyndale.

Bill Graham said he is looking at a few options for retailers, including a daycare or restaurant, with the potential for a Beek’s reconstruction.

Investigators concluded the Jan. 24 fire started due to spontaneous combustion of the attic insulation, Graham said. The building will be demolished after it is checked for asbestos, according to the city.

Graham said the new building is still in the planning stages, and he hasn’t yet received city approval for the work.

“We’re looking forward to being back within the neighborhood and getting back to business,” Graham said. “We’re keeping a positive attitude.”