File Number: 16-01130

Exclusive negotiating rights for City-owned property: 205 Park Ave S

  1. Awarding exclusive negotiating rights to Sherman Associates for the purchase and development of the City-owned property at 205 Park Ave S for a period of six months, as described herein.
  2. Awarding exclusive negotiating rights to Grand Real Estate Advisors, potentially, for the purchase and development of the City-owned property at 205 Park Ave S for a period of six months if the exclusive negotiating rights period with Sherman Associates expires without a City Council approved term sheet.
  3. Authorizing staff to negotiate redevelopment contract terms and, upon successful negotiations, return for further City Council review and approvals.
     

Originating Department: Community Planning & Economic Development

Supporting Documents:

Related Files:

Legislative History:

Aug. 15, 2016: CDRS Agenda

Aug. 15, 2016: CDRS Committee Report

Aug. 19, 2016: City Council Agenda

Aug. 19, 2016: Official Proceedings

Aug. 23, 2016: Official Act

Submit written comments about this item to: [email protected].

Last updated Aug 29, 2016

QUICK LINKS

Home

Contact us

Email updates

Find a service

About this site

For employees

Accessibility:
For reasonable accommodations or alternative formats, contact 311.
People who are deaf or hard of hearing can use a relay service to call 311 at 612-673-3000.
TTY users can call 612-673-2157 or 612-673-2626.

Para asistencia 612-673-2700, Yog xav tau kev pab, hu 612-637-2800, Hadii aad Caawimaad u baahantahay 612-673-3500. 

CONNECT

311 call center

TTY relay service

City of Minneapolis Facebook City of Minneapolis Twitter City of Minneapolis YouTube ChaNNEL Minneapolis 311 Minneapolis 14 Government TV City of Minneapolis LinkedIn

Minneapolis, City of Lakes logo