Edina City Council Approves Transfer of 5146 Eaton Avenue to Enhance Development Opportunities

The Edina City Council convened on August 19, 2025, to discuss significant developments impacting the community, including the transfer of a key property and amendments to redevelopment agreements aimed at enhancing local economic growth.

One of the primary topics was the resolution to transfer ownership of the old public works lot at 5146 Eden Avenue from the Housing and Redevelopment Authority (HRA) to the city. Economic Development Manager Bill Neuendorf explained that this transfer would allow the city to benefit directly from any future sale of the property, with proceeds going into the city budget. This flexibility is crucial as it enables the city to allocate funds for various community needs, such as operations and debt reduction. The council unanimously approved the resolution, setting the stage for future development on the site.

In addition to the property transfer, the council discussed amendments to redevelopment agreements for the former Macy's Furniture Gallery site at 7235 France Avenue. The developer requested a nine-month extension to finalize the acquisition and proceed with plans to subdivide the property into four building footprints. While some council members expressed concerns about the density of the proposed development, the motion passed with a 4-1 vote, allowing the project to move forward.

The council also recognized a special law passed by the Minnesota legislature regarding the Seventieth and France Tax Increment Financing (TIF) District. This law extends the timeframe for project completion from five to ten years, providing developers with additional time to secure financing and complete their projects. The council approved this resolution, which is a necessary step in the legislative process, allowing for future flexibility in managing TIF districts.

Overall, the meeting highlighted the city council's commitment to fostering economic development while addressing community concerns about growth and infrastructure. As these projects progress, residents can expect to see changes that aim to enhance the local economy and improve the quality of life in Edina.