{"id":5303,"date":"2011-07-27T09:00:04","date_gmt":"2011-07-27T14:00:04","guid":{"rendered":"http:\/\/www.bismancafe.com\/blogs\/?p=5303"},"modified":"2011-09-13T13:00:56","modified_gmt":"2011-09-13T18:00:56","slug":"new-details-emerge-for-new-npcc-operator","status":"publish","type":"post","link":"https:\/\/www.bismarckcafe.com\/blogs\/5303\/new-details-emerge-for-new-npcc-operator","title":{"rendered":"New Details Emerge For New NPCC Operator"},"content":{"rendered":"

New details emerged yesterday regarding the Northern Plains Commerce Centre’s new operator and possible future buyer. Tubular Transport & Logistics (TTL) has signed an 18-month lease for the Centre at a rate of $123,000 for the first year and $61,500 for each additional month. At the end of its lease term, TTL has the option to purchase the Centre for $1.23 million and apply the rent payments to the purchase price. TTL will also pay all operating costs at the NPCC during its lease term.<\/p>\n

Tubular Transport & Logistics, a rail transloading and distribution company based in Rifle, Colorado,\u00a0will service local rebar, wire, and lumber accounts. TTL has projected that they will add an estimated 25 full-time jobs to the region.<\/p>\n

The NPCC has been met with huge controversy ever since it was first developed in 2008. Supporters have argued that the Centre is a necessary tool to attract businesses to Bismarck; however, many have expressed concern over the Centre’s large financial burden and its lack of ability to attract major tenants.<\/p>\n

External Links:<\/p>\n