Contact CM Frey with comments on proposed plans for 205 Park Ave. South. Staff expect to select a developer in August.

The City of Minneapolis issued a request for development proposals for 205 Park Ave. S., a Minneapolis-owned lot in the Mill District. Two developers, Sherman Associate’s and Grand Real Estate Advisers, submitted applications by the June 10th deadline.

 

City staff are now evaluating the projects and expect to recommend one of the two projects to City Council for approval in August. The City will then work with the chosen developer to establish the conditions that must be met in order for the City to hand over development rights and ownership.

 

Both applicants, Sherman Associates and Grand Real Estate Advisers, presented their proposed plans for the site and received feedback/fielded questions from community members at the DMNA forum on 7.12.16.  Representatives from the City and CM Frey’s office were also present.

 

Contact Council Member Frey (jacob.frey@minneapolismn.gov) with comments or feedback on the proposals.

RESOURCES:

SUMMARY OF SHERMAN’S PROPOSAL

SUMMARY OF GRAND REAL ESTATE’S PROPOSAL + MEMO TO DMNA

VIEW THE REQUEST FOR PROPOSALS

DMNA COMMUNITY SURVEY ON 205 PARK AVE

205 PARK AVE PROPOSAL COMPARISON MATRIX+ HIGH LEVEL SUMMARY (prepared by the DMNA, updated 7.12.16)

IN THE NEWS:
http://www.journalmpls.com/news/development/2016/06/two-developers-offer-proposals-for-mill-district-site/
http://millcitytimes.com/news/mix-of-housing-types-and-retail-proposed-for-205-park-ave.html