BERRY PATCH CAMPGROUND SOLD TO RETAIL DEVELOPERS
January 26, 2007 - Rapid City, SD - After decades of providing an
outdoor
stay for visitors to the Black Hills, the Berry Patch Campground has
been
sold to a Cincinnati-based company looking to build a
900,000-square-foot
retail center along the southern edge of Interstate 90.
Months after negotiations first began, ETS Inc., owners of the
campground,
and Midland Atlantic Properties came to an agreement last week.
"It's been a long time coming," said Donnie Patton, who along
with David
Bradksy, owned the more than 14-acre site.
The sale provides Midland Atlantic with an integral piece needed for its
outdoor retail center, Rushmore Crossing, according to John Silverman,
managing principal for Midland Atlantic.
"We plan on closing on the rest of the property toward the end of
April," he
said.
Construction will begin sometime this week with the first phase of the
project completed in October 2008, Silverman said.
The buildings on the campground will be demolished within the month, and
the
remaining items such as picnic tables and electrical outlets will be
auctioned at 11 a.m. Sunday at the campground, Patton said.
Bradsky and Patton have owned the campground for five years, knowing
that,
eventually, the area would be developed and the campground would be
sold.
"We bought it as an investment," Patton said. "We knew
the interchange was
coming, and we knew after it was done, it would be developed."
With the sale completed, Patton and Bradsky are now spreading the word
of
the campground's closing.
"We are scrambling to get reservations canceled and inform everyone
that we
are closed," Patton said.
The campground already had a few reservations scheduled, most for the
upcoming Sturgis motorcycle rally.
"We had a loyal following, and we regret to see that come to an
end," Patton
said.
He added, however, that Rushmore Crossing will be a positive addition to
Rapid City.
"It's good to see Rapid City growing in the right direction,"
he said.
Rushmore Crossing is Midland Atlantic's first development in South
Dakota.
"We had specific retailers that wanted us to build for them in
Rapid City,"
Silverman said.
Although Rushmore Crossing will have features similar to Midland's other
developments, it will also reflect unique characteristics to the Black
Hills
area, Silverman said.
Both Patton and Silverman said the sale would not have been possible
without
the help of city officials, specifically Mayor Jim Shaw and growth
management director Marcia Elkins.
"Without their assistance, without their dedication to have good
economic
development ... this project would not be happening," Silverman
said.
(Information courtesy of the Rapid City Journal.)