Wrong Mike Kratt?

Last Updated 11/19/2006

General Information

Employment History

Property Manager  - A&L Properties

General Manager  - A&L Properties

A+L Development

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Welcome to A&L Development

For more information on A&L Properties, contact Michael Kratt, Property Manager.

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Inside Wisconsin

Several tenants with relocation plans or 30-day leases in the "Corner of the Lake" building, 30-38 E. Superior St., which the developer acquired in December, have been served with a 60-day notice to vacate, said Mike Kratt, A&L's property manager.He confirmed on May 24 he's negotiating with owners of Lizzard's Art Gallery & Framing and New Moon Publishing, which have leases, to relocate their businesses.Kratt confirmed the negotiations, cautioning "we have no deal." The developer already controls two other nearby parcels.A & L bought the old Strand Theater property on the block two years ago from the Duluth Economic Development Authority with the promise of creating low-income housing. That plan hasn't changed, Kratt said, despite the potential for the land to be part of a potentially larger development requiring the rest of the eastern end of the block. The Electric Fetus building at 12 E. Superior St., is independently owned, and not part of A&L's development plan. A&L does have an interest in the 100 block of East Superior St. It bought the Muffler Clinic building at 112 E. Superior St. and that business relocated earlier this year. "The main discussion with the Muffler Clinic is to create a gateway (to Lake Place Park and Canal Park )," Kratt said."The opportunity came up to acquire it; we did."A potential Lakewalk entrance there could serve as a bargaining chip should A&L request tax increment or other public financing for a project on the Corner of the Lake site.Kratt wouldn't say whether his firm is negotiating with city officials."There may be people in our organization that are, but I really can't discuss that," he said.Kratt of A&L said the biggest problem with the building is its roof, which is severely damaged. "The roof has been leaking badly for many, many years," he said.

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Duluth News Tribune | 08/06/2005 | City may give A&L $14,000 break

Neither Rob Link nor Mike Kratt of A&L returned calls from the News Tribune on Friday.

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