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Edina HRA asks for developer input as staff prepares RFP for 5146 Eden Avenue
Summary
Staff and commissioners discussed whether to prioritize speed, price, ownership housing, zoning approach and possible uses for the long-vacant city-owned site at 5146 Eden Avenue, and directed staff to return with a draft request for proposals.
Economic Development Manager Bill Neundorf briefed the Edina Housing and Redevelopment Authority on plans to return 5146 Eden Avenue to productive use, asking commissioners for parameters staff should include in a February request for proposals.
“This is a piece of property that has a value,” Neundorf said, and he urged clarity about expectations so a sale would close rather than stall. He described the site as currently zoned industrial but guided for mixed use, and said staff’s goal is to publish an RFP in February and, if under contract this spring, “aim to close it, to sell it next year.”
The discussion centered on competing objectives: speed versus price; requiring ownership housing (condominiums, co-ops, for-sale townhomes) versus allowing rental options; whether to insist on a public park and a restaurant amenity; and whether to seek public financing. Neundorf told the commission that market testing last year showed developer…
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