Lexstar Development & Construction

Dr. Michael Lillestol has announced plans to open a two-building medical office complex in south Fargo for independent physicians and other health care specialists.

The complex will be in Capital Square, an eight-acre, five-building commercial condominium development being built by Lexstar Development and Construction along 43rd Street South between 15th and 17th avenues.

Lillestol, who is president of the Heartland Independent Physicians Network, said he expects to provide space for up to 20 physician groups.

A 15,000-square-foot building will potentially house three large offices, each having two to three physicians, he said.

“It all depends on who might be in a particular building and how big their group is,” Lillestol said.

Additional office space for up to 10 physicians will be in an 8,000-square-foot retail center that is part of the Capital Square complex, he said.

Lillestol expects the complex to attract local physicians. “I don’t know that we are going to be recruiting physicians outside of Fargo,” he said.

Lillestol said his vision is to provide primary health care and sub-specialties, including family practice medicine, pediatrics, women’s health and urgent care.

An on-site pharmacy, dental care and research offices are also a possibility, said his wife, Mary Lillestol, a registered nurse and vice president of Lillestol Research LLC.

“We plan to have a central lab and X-ray facility to serve patients in those physician offices,” Michael Lillestol said.

“Mike has always dreamed of getting a lot of independent doctors together in one location,” his wife said.

Construction is expected to begin this month, said Robert H. Leslie, president and CEO of Lexstar Development and Construction. “The first building will be ready in eight months and the second building two months later,” Leslie said.

Work will begin soon on other segments of the Capital Square business plaza.

“We have four clients leased up in building number 1 should start construction in 10 days,” said Kelly Parrett, Lexstar Sales Director and Property Coordinator.

Readers can reach Forum Business Editor Craig McEwen at (701) 241-5502

Leah Dohrmann is the newest addition to the Lexstar team. She is responsible for fulfilling a wide range of administrative duties that are critical to the efficient and effective operation of Lexstar. Leah provides support to all members of the Lexstar staff. She recently graduated from Dickinson State University with a Bachelor’s degree in Business Administration and a minor in Marketing.

Fargo, North Dakota: Lexstar Development & Construction has appointed Arleen McKay to the position of Controller. McKay, a Certified Public Accountant, is responsible for the day-to-day overall financial operation of the company and its related entities, including preparing and analyzing financial statements, developing and monitoring budgets, and overseeing accounts receivable and accounts payable.

McKay holds a Bachelor of Science degree in Accounting from North Dakota State University. She was previously employed by KBW Associates, Freedom Resources and Untied Way.

Lexstar Development & Construction is a full-service construction and development company, providing a comprehensive range of design, construction, development, financing and on-going management services. The company also is the originator of the Design for Success™ program.

Fargo, North Dakota: Comfort King Mattress Factory broke ground today for a new building to be constructed at 4523 23rd Avenue South, Fargo, which is the location of WestPointe Centre. In addition, Comfort King announced that Lexstar Development & Construction designed the new facility and has been selected to serve as general contractor for the project.

The new facility, due for completion in August 2007, will comprise nearly 10,000 square feet. Approximately three-quarters of the space will house Comfort King’s retail store and its production operations, which consists of custom-building sleep sets in any standard or specialty size and shape to match each customer’s needs. The remaining one-quarter of the space is available for lease to another retail enterprise.

Chris Larson, co-owner of Comfort King Mattress Factory, said, “We are tremendously excited about our new building, which will allow us to continue to grow our business, providing high-quality, custom-made, economically priced mattresses with an exceptional guarantee.”

In his new position, Parrett is responsible for sales and marketing related to the numerous development projects led by Lexstar. He also markets the retail and office facilities managed by Lexstar, including WestPointe Centre and the Multiband Tower in Fargo and the Eckroth Plaza in Bismarck. Property Coordinator responsibilities will include overseeing the day to day management, maintenance and warranty services essential to the operation of the commercial buildings.

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