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Edina seeks developer for ownership housing with priority on townhomes and condos

December 20, 2024 | Edina, Hennepin County, Minnesota


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Edina seeks developer for ownership housing with priority on townhomes and condos
The Edina Housing & Redevelopment Authority is actively seeking a housing developer to prioritize ownership housing options, such as townhomes, condominiums, and cooperatives, as part of its latest Request for Proposals (RFP). This decision reflects a strong preference expressed by the community for ownership opportunities, although the authority remains open to rental proposals, which will be considered a lower priority.

During the meeting held on February 27, 2025, officials discussed the evolving vision for the property, noting a shift away from the inclusion of a public park due to budget constraints faced by the parks department. Instead, the authority is looking to incorporate green space that developers would maintain while allowing public access through easements.

Additionally, the authority confirmed that there is no immediate need for the land from other city departments, including the fire department, which is currently exploring options for a new fire station. While the old public works site is a potential location, it ranks lower on the fire department's list of preferred sites.

The timeline for the RFP process is set to move forward, with the goal of releasing the document by early March and receiving developer proposals by May 1. This timeline is expected to provide sufficient time for developers to respond, ensuring a competitive selection process.

As the authority prepares to engage with developers, the focus remains on fostering innovative housing solutions that align with community needs and preferences. The next steps will involve reviewing proposals and making informed decisions that will shape the future of housing in Edina.

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Scribe from Workplace AI
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