Pacifier, a new high-end store for babies near the Eastgate Shopping Center, has been issued a six-month notice to vacate its 25 University Ave. space.
The news comes as a disappointment to storeowner Quyen Tran who opened the shop in March. Pacifier is billed as catering to the "hip and cool baby" with fancy strollers and creative infant ware, such as sushi bibs and Kimonos.
Tran has until the end of the year to find a new space and move her new business, and finding affordable lease arrangements can be challenging for new retailers. She said she is looking at other vacant spaces in the neighborhood.
Pacifier's landlord, Northeast Minneapolis-based Hillcrest Development, is looking at a major redevelopment of the property and the nearby Eastgate, an aging strip mall at University & Central avenues.
Scott Tankenoff, managing partner of Hillcrest, said there are a lot of rumors about the site, but nothing is set in stone at this point. He said he plans to lay out some ideas for Eastgate at the summer meeting of the Nicollet Island/ East Bank Neighborhood Association (NIEBNA) on Thursday, July 22.
The meeting will be held in the plaza next to Bobino Caf/ and Starlight Lounge, 222 Hennepin Ave. E., 6:30-8:30 p.m.
Tankenoff said Pacifier is the only tenant to receive a lease termination notice.
"We're happy to work with all of the tenants," Tankenoff said. "We don't have a project to announce yet. We are studying what can be done for the neighborhood."
Hillcrest recently secured Lund Food Holdings as a new tenant. The grocer manages Rick's Market, 313 Central Ave. NE, and is in negotiations with Hillcrest to open a full-fledged Lunds at the site -- something for which nearby residents have been clamoring.