Scannell Properties Plans Mixed-Use Redevelopment Of Deluxe Corp. Campus
23 Oct 2020
News
Indianapolis-based Scannell Properties has announced plans to convert Deluxe Corp.’s Shoreview corporate campus into a mixed-use development. Scannell acquired the property in a sale-leaseback deal before Deluxe unveiled plans to relocate its headquarters to downtown Minneapolis last month.
For now, Deluxe still needs to lease its current space; it won’t complete the move to downtown Minneapolis until next fall. Scannell won’t start redevelopment of the 49-acre site until Deluxe moves out.
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