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October 2018
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October 2018
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Nicholas Roberts, president and <br />owner of Roberts Management <br />Group, is well-known in Arden <br />Hills for his retail and commercial ventures <br />and philanthropic activities. He succeeds <br />his father, Scott Roberts, and his grandfa- <br />ther who founded Roberts Development <br />Company in 1955. <br />Nicholas recently reflected on the family <br />business, the legacy that brought him to <br />where he is today and his hopes and plans <br />for the future. <br />The Past: Building on three generations <br />of success <br />Roberts <br />Management <br />Group is a <br />third-gener- <br />ation fam- <br />ily business. <br />Nicholas’ <br />grandfather <br />Donald Rob- <br />erts started <br />out develop- <br />ing single family homes and then moved <br />to developing apartment buildings in the <br />Shoreview, Arden Hills and Roseville <br />areas of the Twin Cities. Soon after, he <br />built an industrial building for the Twin <br />Cities Candy Company. He also decided <br />to diversify into developing and leasing <br />industrial buildings in the Twin Cities. <br />Nicholas’ father Scott Roberts went on to <br />develop more than $100 million worth of <br />commercial real estate in the Twin Cities. <br />Nicholas began his real estate career in <br />high school working over the summers do- <br />ing demolition, construction, landscaping <br />and even parking lot repairs. He worked <br />his way up the ladder in the family busi- <br />ness as a construction manager, later join- <br />ing the leasing team and eventually mak- <br />ing his way to president of the company. <br />Nicholas’ more notable projects include: <br />Red Fox Business Center, located down <br />Red Fox Road, south of the I-694 and <br />Lexington Avenue interchange; and <br />Lexington Station, adjacent to the busi- <br />ness center. In 2013, he purchased and tore <br />down the Blue Fox restaurant and built a <br />new building, which represented his first <br />venture in retail. The building is anchored <br />by Starbucks and Noodles & Company. <br />The Present: Lexington Station Phase II <br />tenants announced <br />This past May, the company broke ground <br />on Phase II of Lexington Station and <br />recently welcomed the following tenants, <br />whose businesses are scheduled to open <br />in December and January: Jimmy’s Old <br />Southern Barbecue, a concept started by <br />Dave Anderson, previous owner of Famous <br />Dave’s; Club Pilates fitness studio; Orchid <br />Vietnamese Restaurant, which is a second <br />location, with the first being located off of <br />I-35E and County Road J in White Bear <br />Township; Pet Evolution, a pet grooming, <br />food and supply store; Pancheros Mexican <br />Grill; Dan Reichert, State Farm Insurance; <br />and Jimmy John’s. <br />“It’s fun to meet different business owners <br />and hear their stories,” Nicholas said. “I <br />enjoy having a vision for a piece of land <br />and getting that on paper with an architect, <br />building it and seeing how it improves the <br />quality of people’s lives that live in, work <br />in or shop in any of our developments. It’s <br />what I love about what I do!” <br />The Future: Lexington Station Phases <br />III and IV and Traverse Business Center <br />Plans to develop a third and fourth phase of <br />Lexington Station are currently underway <br />and will include a 3rd multi-tenant building <br />that will be a sister building to Phase I & II <br />and a fourth building that will most likely <br />be a small box retail store. <br />“As the project becomes a hub for both <br />work and local shopping, we strongly be- <br />lieve that phase three and four will solidify <br />the Lexington Station development as a <br />local and regional destination,” he said. <br />In addition, Nicholas acquired a large 26.5- <br />acre piece of land on the northeast corner <br />of I-35W and I-694 for what will become <br />Traverse Business Center. <br />“This site is one of the last remaining large <br />sites located on the I-694 loop,” Nicholas <br />said, “and will provide exceptional visibil- <br />ity and accessibility for those occupying <br />the site.” <br />Building a Legacy: Partnership and <br />philanthropy <br />Nicholas is aware that he is not just <br />building and leasing buildings. “We have <br />always been long-term owners and it has <br />been ingrained in my head since I was a <br />kid. Long-term, I know that I too will pass <br />down this business to my kids,” he said. <br />“I didn’t want to build something trendy,” <br />he said of Lexington Station. “I like to <br />develop and own assets that have a time- <br />less appearance that reflects high-quality <br />building and design principles, and serves <br />as a showpiece for business owners and for <br />retaining employees. I consider each of our <br />tenants a business partner more so than a <br />customer. We have tenants in our portfo- <br />lio that have leased from us for 30-plus <br />years.” <br />Nicholas also continues his father’s tradi- <br />tion of building partnerships with the <br />greater community. Roberts Management <br />Group sponsors the City of Arden Hills an- <br />nual Egg Hunt and Bark & Rec Day events <br />and offers scholarships to families for <br />Parks & Recreation classes. Additionally, <br />Nicholas and his employees are active with <br />the Arden Hills Foundation, Ralph Reeder <br />Food Shelf, and Toys for Tots programs. <br />Roberts Management Group Builds a Legacy in Arden Hills and Beyond
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