(Bemidji, MN) — March 27, 2022 — The CEO of Global Ocean Investments, Justin Etzin, has acquired a site for their latest development. The former Federal building is situated in the central business district of downtown Bemidji in Beltrami County.
The Bemidji Federal Building was constructed in 1960 and was originally built as a U.S. Post Office. Until 2018 the building housed the bureau of Indian Affairs and the Indian Health Service. The building has over 50,000 square feet. is about 12,500 square feet over the buildings four floors.
Subject to Zoning, Planning and Change of Use, the new owners would like to create “The Federal,” a development of 44 luxury residential 1, 2 & 3 bed apartments with state of the art facilities in the heart of Bemidji.
Justin Etzin confirms the development will be a first for Bemidji attracting young professionals with modern architecturally designed apartments and leisure facilities including a roof terrace with restaurant and “Sky Bar.” The Sky Bar will allow guests to enjoy the space day or night and the entire level will be available for private functions like Weddings or Corporate Events. A panoramic elevator will take visitors directly to the roof terrace or down to the speakeasy bar making use of the current boiler facilities.
A members only club will offer a full range of health facilities, a cutting edge co-working facility will be available and also offer private office suites, meeting / screening room and other conferencing facilities.
“The ex Federal building sits in the heart of Bemidji and offers the best location within the city. We aim to create the most desirable residential address in Bemidji with cutting edge separate facilities you would normally see in an international 5 Star hotel,” said Global Ocean Investments Founder and CEO, Justin Etzin.
About Global Ocean Investments Ltd
Global Oceans Investments Limited is a family-owned investment company, focused on early-stage technology innovators in Europe, USA, Africa and Asia. Our mission is to identify and back the bold entrepreneurs with strong ideas, delivered by unique technology, customer traction and global ambition. Our dedication is to support them in their growth plans and help them realize their vision in rapid flight. Our industry focus is cybersecurity, health tech and real estate. CEO, Justin Etzin