Property owner Bill Graham reports that construction will soon begin at 5336 Lyndale Ave. S., pending city approval for permits.
He said he’s planning a three-story structure with retailers on the lower level and four residences above. Graham expects to reopen his Diamond Lake Rental business and lease another space to a bike vendor, though no leases are signed yet.
The original building, home to Beek’s Pizza and Diamond Lake Rental, was damaged and later demolished due to a fire in early 2013.
Graham said he hopes to open the retail later this summer and open the residences in the fall.
“I’m anxious to get reopened and get reacquainted with the neighborhood,” he said.