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