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Eden Prairie HRA adopts TIF district to support conversion of office building into 195 apartments
Summary
The Eden Prairie Housing and Redevelopment Authority adopted a resolution to create Tax Increment Financing District No. 27 and approve a development agreement for a 195‑unit conversion of an office building on City West Parkway, including 39 TIF‑funded affordable units and 10 additional inclusionary units.
The Eden Prairie Housing and Redevelopment Authority on Jan. 6 adopted a resolution to modify its redevelopment plan and establish Tax Increment Financing (TIF) District No. 27 to support the conversion of an office building on City West Parkway into a 195‑unit mixed‑income apartment project.
City staff (Getchell) told the HRA the council…
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