Bridgewater Bank

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Bridgewater Bank

Planned unit development major amendment

Applicant Peter Brodd representing Bridgewater Bank is seeking a Planned Unit Development Major Amendment to increase the size of an allowed restaurant from 4,000-square-feet to 5,500-square-feet. No alterations to the building footprint are proposed. 

Traffic and parking studies have been updated to reflect the final building design and the proposed 5,500-square-foot restaurant. Due to building space refinements, the study shows less parking demand and less traffic generated than the original approvals, even with the larger restaurant space. 

2019 traffic and parking study addendum

The planning commission will hold a public hearing on this request on Wednesday, June 5, 2019 at 6 p.m. in City Council Chambers. 

Latest construction updates

April 25, 2019

During the next three weeks, the following construction activities will take place:

  • Foundations will be finished so the first deck pour on level P-1 can occur
  • Foundation preparation will occur for the second pour 

Project background

Bridgewater Bank has approvals to construct a four-story, 84,000-square-foot office building with a 7,000-square-foot bank branch, 7,000 square feet of retail and service space and three levels of structured parking. The first floor will include Bridgewater Bank's customer branch and retail space. The second, third and fourth floors will include the bank's executive offices and opportunities for co-working entrepreneurial space. The are also plans for a plaza at the corner of Excelsior Boulevard and Monterey Drive with outdoor seating, space for public art and landscaping.

Traffic study

A traffic study was conducted in the project area to evaluate the potential traffic impacts of the new development. The complete study reviews the existing traffic in the area, evaluates traffic impacts to the adjacent roadway network and recommends any necessary improvements to accommodate the proposed development.

Public meetings

  • June 5, 2019 - Planning commission will hold a public hearing at 6 p.m. to review the proposed changes to the size of an allowed restaurant. 
  • June 4, 2018 — The city council approved the second reading of the preliminary and final planned unit development (PUD) ordinance.  
  • May 21, 2018 — The city council reviewed the applications for a preliminary and final plat and preliminary and final planned unit development. The council approved the preliminary and final plat, and approved the first reading of the preliminary and final PUD ordinance. 
  • May 2, 2018 — The St. Louis Park Planning Commission held a public hearing for the proposed development and voted 6-1 to recommend approval of the preliminary and final plat and preliminary and final planned unit development.
  • March 19, 2018 — The city council discussed the traffic study during a study session.
  • Feb. 15, 2018 — A neighborhood meeting was held at City Hall.
  • Jan. 8, 2017 — The city council discussed a preliminary development proposal during a study session.

Resources and documents