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MENDOTA HEIGHTS, MINN. — St. Paul, Minn.-based Paster Enterprises has received financing approval for the redevelopment of Mendota Plaza in Mendota Heights. Scheduled to begin this spring, the project includes remodeling the existing 48,000-square-foot building, major parking improvements and landscaping enhancements. Completion is slated for this fall. Additionally, a standalone 14,820-square-foot Walgreens property will be constructed, with an expected completion date of spring 2011. During the next 4 years, additional phases will be added to the property, including retail buildings, senior housing, office space and a childcare facility.