IDP Announces New Wayzata Location

Inland Development Partners announces its new headquarters in downtown Wayzata, located at 100 Lake Street West at the corner of Ferndale Road. IDP shares the building with fellow tenants and frequent business partners Tradition Capital Bank, Tradition Mortgage, and Tradition Wealth Management.

IDP is the culmination of the talents and track records of real estate professionals Kent Carlson, Bob Cunningham, Steve Schwanke, and Tom Shaver, along with Office Manager Jean Giltner. Together, they bring more than 120 years of commercial real estate and development experience. IDP’s strengths in the industry are land development, asset repositioning and site redevelopment.

Inland Development Partners announces its new headquarters in downtown Wayzata, located at 100 Lake Street West at the corner of Ferndale Road. IDP shares the building with fellow tenants and frequent business partners Tradition Capital Bank, Tradition Mortgage, and Tradition Wealth Management.

IDP is the culmination of the talents and track records of real estate professionals Kent Carlson, Bob Cunningham, Steve Schwanke, and Tom Shaver, along with Office Manager Jean Giltner. Together, they bring more than 120 years of commercial real estate and development experience. IDP’s strengths in the industry are land development, asset repositioning and site redevelopment.

The group’s forte is managing complex projects involving multiple entities from beginning to end: managing the planning stages, real estate processes, site and environmental challenges, financial solutions and partnering with city and state stakeholders. “Our mission is to serve as stewards for clients and communities, and to collaborate to provide the very best in real estate knowledge and execution,” says IDP Partner Tom Shaver. “We’re excited to move into this prime position in downtown Wayzata and continue our commitment to the community.”

The Tradition family of companies has been serving clients in the financial, real estate, and development industries for more than 100 years. Tradition is committed to the highest standards of quality, craftsmanship, community involvement, and most importantly, a dedication to the client through responsive communication and overall service.

Diversified Construction and architectural and design partner BDH + Young created a cohesive, bright and modern space on all three floors. The first two floors consist of offices, conference rooms, kitchen and dining areas and other common spaces. The third floor is reserved for a lounge for all tenants, complete with a pool table, wet bar and full kitchen. Existing materials, such as doors, trim, glass, lighting, hardware and carpet were used where possible as sustainability measures.

IDP’s move was a short one. They previously occupied a portion of the 130 Lake Street West building just west of their current location purchased just over a year ago, which is now solely occupied by Charles Schwab. IDP interest in the Wayzata locations stems from a third building in the chain at 150 Lake Street West, previously owned by TCF, now occupied by Trean Benchmark. The reshuffling of spaces served all tenant needs well.

Photo by Allen Brown Photography

See Full Article in Minnesota Real Estate Journal