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EDA approves preliminary development agreement for Wood Dale Station; commissioners raise labor-practice concerns

2146814 · January 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The St. Louis Park Economic Development Authority on Jan. 21 approved a preliminary development agreement (PDA) with Rohrs St. Louis Park Apartments 2, LLC to pursue a mixed‑use redevelopment of the Wood Dale Station site, a property the EDA says totals just over 3 acres and includes parcels at 5950 36th Street and 5802 36th Street.

The St. Louis Park Economic Development Authority on Jan. 21 approved a preliminary development agreement (PDA) with Rohrs St. Louis Park Apartments 2, LLC to pursue a mixed‑use redevelopment of the Wood Dale Station site, a property the EDA says totals just over 3 acres and includes parcels at 5950 36th Street and 5802 36th Street.

The PDA gives Rohrs exclusive negotiation rights toward a purchase and redevelopment contract, a due‑diligence period to secure financing and land‑use approvals, and requires a $10,000 down payment to cover EDA administrative costs. The PDA expires June 30, 2026 unless both parties agree to extend it. The EDA approved the resolution 4–2.

The vote follows a staff presentation from Greg Hunt, the city’s economic development manager, who described the proposal as a six‑story, transit‑oriented development with 263 housing units, roughly 22% of which would be affordable (including units targeted at 30%, 50% and 60% of area median income),…

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