We are getting a new store at our humble little node on 48th and Chicago Ave. This store front used to be an upholstery place (with an old beat up guitar in the window).
I purports to be a bike shop and art studio. There's little information available on the exterior of the store, but there's a website/blog here.
On another note, we are also getting a bike/coffee shop in the South MPLS metro area. Angry Catfish has a page on Facebook but no other web presence from what I can tell.
It's a little odd because we already have a neighborhood bike shop at 46th and Bloomington. Hopefully these places will increase demand and not compete for finite demand with our existing local bike shops.