The popular gymnastics, dance, and cheerleading facility, Jam Hops, is building a new 31,000-40,000 sf building on a 5-acre industrial site at the north border of Blaine in Ham Lake, MN with the help of Premier Commercial Properties! Upon completion in late summer 2017, this will be one of Ham Lake’s largest buildings.
Brenda Nolby, Jam Hops owner, says, “Our main goal in building this new facility is to consolidate our three locations in Blaine and Ham Lake to a spacious, modern facility in a single location that is close to our current facilities and convenient for our families and participants. Jam Hops has had an extensive waitlist, but with this new building, capacity will increase by more than 50% allowing more families and participants to enjoy our programs. In addition, we’ll have a bigger program offering plus room to grow in the future.”
With the help of Lampert Architects, Nolby designed spaces specifically for dance, gymnastics, and cheerleading which require large, open areas. There is also an area perfect for their Leap-N-Learn Academic Preschool program for 3-5 year olds. Special parent viewing areas in the dance studios and gym allows parents to watch their kids during activities, which makes Jam Hops unique. Nolby says, “It’s not typical for traditional gymnastic and dance studios to have this guest amenity.”
Premier Commercial Properties Helped with Several Key Challenges
Nolby first contacted Marty Fisher, broker and partner of Premier Commercial Properties, after being referred by SBA lender, Scott Schake of CMDC. Marty facilitated an extensive site search which included land for sale, buildings for sale, and rental properties. A lease space was ultimately found, but after a year of continued growth and nearly busting at the seams, Nolby contacted Fisher again to find land where she could build a new facility from the ground up.
“Marty helped narrow down the best sites with a comprehensive understanding of what I needed. He explained the drawbacks; problem solved and made it happen. After we found the perfect site that was the size we wanted in the price range we needed and in the ideal location, Marty negotiated with the land sellers to do a contract for deed and created financing solutions with a structure that makes it possible for small businesses to get started or continue to grow.” Nolby identified three major challenges where Fisher helped:
- Developed a creative financing solution which includes an SBA loan from CMDC, bank loan, and financing from Ham Lake Development, MCCD, and private investors.
- Worked with the City of Ham Lake, DNR, watershed district, builder and engineers to coordinate efforts and create solutions to simplify the process, which saved time and ultimately the owner's money.
- Provided a site search that discovered the perfect location, site size, and price that fit the budget
Fisher said, “We worked with Jam Hops to negotiate a favorable purchase agreement, provided quality financing contacts and suggested financing opportunities that are not traditional. Many people often think traditional bank loans are the major means of financing, but there are a variety of opportunities that we help owners facilitate with cities, counties, development organizations, and private investors to help make the down payment, finance a new building or business and ultimately help get the project done.” In addition to the site search, financing, and engineering solutions, Fisher also discussed the building layout to maximize the site.
Nolby says of Fisher, “His negotiation of a contract for deed and financing solutions made it possible for me to build and own this new facility. Marty has been awesome throughout the entire process. He meets whenever I need to, educates me about the process, and offers solutions to challenging situations.” Nolby also chose Fisher / Premier Commercial Properties as the listing broker to sell the existing Ham Lake building.
Stone Construction, the project’s general contractor, is scheduled to break ground for the new Jam Hops building in Spring 2017.
About Jam Hops
With a mission to teach children lifelong skills that go beyond physical activity, participants learn about respect, self-confidence, and team work in a safe place for kids with a family atmosphere where kids feel important.
Started in 1997 as a gymnastics training and competition gym, Jam Hops grew to offer dance programs and cheerleading. Leap-N-Learn Academic Preschool program was added in 2007 and currently has 30 children who participate in the academic curriculum that includes learning numbers, letters, writing, story time, scientific learning, play time, and gymnastics every day.
In addition to gymnastics, dance, cheerleading, and preschool, Jam Hops also offers extra-curricular activities that encourage kids to stay active plus unique programs like movie night, open gym, and birthday parties. Learn more about Jam Hops at jamhops.com/
About Premier Commercial Properties
Premier Commercial Properties in Ramsey, MN specializes in commercial real estate including retail, office, multi-family housing, warehouse, and industrial properties as well as development in the Minneapolis north metro area. Premier’s real estate brokers provide expertise to buy, sell, or lease properties as well as other commercial brokerage services, investment real estate, asset management, consulting, and property management.
CMDC is an SBA Premier Certified Lender (PCLP) authorized to provide SBA 504 loans and other SBA and business financing programs throughout Minnesota. As a Premier Certified Lender, we have in-house loan approvals to meet your most pressing deadlines. Less than 10% of the certified development companies (CDCs) in the United States have the PCLP designation. CMDC is committed to promoting economic development by cultivating a financing environment that allows MN small businesses to grow and prosper. We coordinate your project from start to finish, working with business owners, lenders, and real estate brokers to ensure seamless execution. CMDC provides business loans and financing services to businesses and bank lenders including:
- SBA 504 Loans
- SBA 7(a) Loan Packaging Assistance
- CMDC Initiative Fund
- VetLoan Advantage Program
Learn more about CMDC at cmdcbusinessloans.com
About Lambert Architects
Since 1980, Leonard Lampert Architects P.A. has been designing projects across the Midwest. The success and longevity is the result of an ability to serve as a trusted and valued team member. A vast portfolio demonstrates competence and expertise in a wide assortment of building types and construction methodologies. Distinctive, sustainable design is the cornerstone of Lampert Architects’ vision. We listen to your thoughts and focus on your goals. Our award-winning LEED certified staff delivers enduring, quality design solutions that respond to both your needs and to the environment. Read more about Lambert Architects at lampert-arch.com/home
About Stone Construction
Stone Construction Inc. knows that architecture is more than designing buildings. We work with clients to craft memorable spaces. We are a Commercial General Contractor in Blaine offering construction management, design/build, and concrete/masonry. Family Owned and Operated for over 50 years! Read more about Stone Construction at stoneconstructioninc.com
About Landmark Bank
Landmark Bank offers superior banking products that you can control with exceptional customer service plus convenience. We’re offer innovative financial services that simplify your life and offer advanced technology that makes banking easy. With convenient locations where you live and work, we’ve got big city banking with hometown attitude. Progressive, convenient banking with friends. Bank with us. Landmark Bank. Read more about Landmark Bank at landmarkbank.com
About Ham Lake Development
The Ham Lake Development Company (HLDC) is a non profit (501C3) organization that’s mission is to offer low interest loans to businesses moving into Ham Lake or for expansion of current businesses. This helps to improve the local commercial development while creating new jobs at the livable wage rates, therefore improving the overall local economy in the Ham Lake area. The HLDC also offers the Ham Lake Beautification Grant. The purpose of this program is to offer financial incentive for businesses to improve the aesthetic appearances of commercial buildings within the City of Ham Lake. The goal is to achieve better curb-appeal and to create higher property values. Learn more about Ham Lake Development at hldc.org
MCCD is an association of nonprofit community development organizations committed to expanding the wealth and resources of neighborhoods through housing and economic development initiatives. MCCD members work together to increase opportunities for the development of quality, community-based projects through collaborative action on public policy issues, loan fund development, public education efforts, and long-term strategic planning. Through these efforts, the organization has demonstrated the effectiveness and efficiencies gained by a shared vision of cooperation.
MCCD’s strength originates from its diverse membership, which includes organizations specializing in the development of high quality affordable housing, small business development, and workforce development. While the members may work with separate facets of community development, all members seek to direct economic and social resources towards underserved communities. Read more about Metropolitan Consortium of Community Developers (MCCD) at mccdmn.org