HomeMy WebLinkAbout2025-07-24 Special HRA Meeting Packet
Meeting location:
Edina City Hall
Council Chambers
4801 W. 50th St.
Edina, MN
Housing & Redevelopment Authority Meeting Agenda
Thursday, July 24, 2025
7:00 AM
Participate in the meeting:
Watch the meeting on cable TV or YouTube.com/EdinaTV.
Accessibility Support:
The City of Edina wants all residents to be comfortable being part of the
public process. If you need assistance in the way of hearing amplification, an
interpreter, large-print documents or something else, please call 952-927-
8861 at least 72 hours in advance of the meeting.
1. Call to Order
2. Roll Call
3. Pledge of Allegiance
4. Approval of Meeting Agenda
5. Developer Presentations
5.1. Sale and Redevelopment of Property at 5146 Eden Avenue -Staff Overview
5.2. Presentation by Hempel Real Estate, Monarch Development Partners, Jester
Concepts and Rokos Advisors (30-mins max)
5.3. Presentation by Opus Development Company (30-mins max)
5.4. Presentation by Noor Companies and Wellington Management (30-mins max)
5.5. Presentation by Lifestyle Communities and Ron Clark Construction (30-mins max)
5.6. Presentation by Onward Investors, Ebenezer Homes, Leap Development and SETT
Properties (30-mins max)
5.7. MOTION TO CLOSE SESSION: as permitted by MS. 13D.05 subdivision 3 to review
and discuss proposals for sale of land at 5146 Eden Ave.
5.8. Motion to move back into open session.
6. Executive Director Comments
Page 1 of 18
7. HRA Member Comments
8. Adjournment
Page 2 of 18
d
ITEM REPORT
Date: July 24, 2025 Item Activity: Information
Meeting: Housing & Redevelopment Authority
Agenda Number: 5.1
Prepared By: Bill Neuendorf, Economic Dev Mgr
Item Type: Report & Recommendation Department: Community Development
Item Title: Sale and Redevelopment of Property at 5146 Eden Avenue -Staff Overview
Action Requested:
No action required; for informational purposes only.
Information/Background:
Today's Special Meeting pertains to the anticipated sale and redevelopment of property at 5146 Eden
Avenue. Eleven real estate development teams submitted proposals to purchase the property and
pursue full redevelopment of the vacant site. The five teams whose proposals are best aligned with
the redevelopment goals for the site have been invited to refine their proposals and present their
offers to the HRA Board for consideration. The presentations will be made in a public setting. Each
team will have 30 minutes to present with brief intermission between teams.
After the presentations are completed, the HRA Board will discuss the offers in a 'non-public' closed
setting to retain the ability to effectively negotiate terms of a sale with the preferred development
team. Any formal selection and announcement of a preferred development team will occur in a
meeting that is open to the public.
Concurrently with the announcement of the preferred development team, the HRA is anticipated to
transfer the property back into the ownership of the City. Ownership by the City will allow future
sales proceeds to be directed toward the City's budget, rather than the HRA's budget.
Resources/Financial Impacts:
This property has been tax-exempt and owned by the City or HRA since 1962. Sale of this property
will result in one-time revenue when the transaction closes. Conversion of the land from a vacant
tax-exempt property to an occupied taxable property will increase Edina's tax base for decades.
Relationship to City Policies:
Comprehensive Plan, Grandview Development Framework
Supporting Documentation:
1. Housing RFP 5146 Eden Ave March 2025
Page 3 of 18
Edina Housing & Redevelopment Authority Issued March 3, 2025
Redevelopment Opportunity – 5146 Eden Ave Page 1
EDINA HOUSING & REDEVELOPMENT AUTHORITY
Request for Proposal
Redevelopment Opportunity
5146 Eden Ave. Edina, MN 55436
INTRODUCTION
The City of Edina and the Edina Housing and Redevelopment Authority (HRA) are seeking a
creative and experienced developer(s) to construct new mixed housing/commercial project on
a vacant 3-acre site in Edina’s Grandview District.
This packet contains information to guide prospective developers as they prepare proposals to
purchase and redevelop the site. Teams of developers are also welcome.
The Edina HRA is open to reasonable offers that allow the preferred type of project to be built
at the maximum land price to the City. The land will be sold in ‘as is’ condition subject to
permanent easements for public outdoor areas and covenants for long-term affordability of
some of the new housing units.
Proposals are due by Monday April 21st, 2025 at 5:00 pm CST.
Page 4 of 18
Edina Housing & Redevelopment Authority Issued March 3, 2025
Redevelopment Opportunity – 5146 Eden Ave Page 2
VISIONS FOR A VIBRANT NEIGHBORHOOD
Several properties in the Grandview area were formerly used for industrial purposes. Over
several decades, the neighborhood transitioned to a mixture of uses including office, retail,
housing, institutional and civic. This trend is expected to continue when other sites transition.
The City completed a community-based planning process to craft a long-term vision for the
Grandview District. The resulting “Grandview Development Framework” established Seven
Guiding Principles that are applied to new real estate projects. Key excerpts follow.
Grandview Seven Guiding Principles
1) … create a vibrant and connected District that serves as a catalyst for high quality, integrated …
development
2) …a neighborhood center with regional connections…
3) Turn perceived barriers into opportunities. Consider layering development over supporting
infrastructure …
4) … pursue logical increments of change… to [create] a more vibrant, walkable, functional,
attractive, and life-filled place.
5) Organize parking … link community parking to public and private destinations …
6) Improve movement within and access to the District for people of all ages …
7) Create an identity and unique sense of place that incorporates natural spaces …
Page 5 of 18
Edina Housing & Redevelopment Authority Issued March 3, 2025
Redevelopment Opportunity – 5146 Eden Ave Page 3
The primary outcomes of the Grandview Development Framework include:
• Support the “go to” auto-oriented uses (like grocery store, coffee shop and funeral home)
while encouraging more “stay at” pedestrian-oriented uses (like new housing, new
restaurants and new public space.
• Recognize and respond to the need for a range of housing types.
• Emphasize a pedestrian-oriented sense of place that produces an appropriate scale and
function with a high degree of walkability.
• Support economic growth and community stability by providing accessible and efficient
connections between home, school, work, recreation and business destinations.
Over the years, the Edina HRA has explored a variety of programs for the site. A new
developer is sought for the 5146 site with the intention of breaking ground in 2026.
GENERAL SITE INFORMATION
• Approximately 3-acre vacant site
• Parcel ID #s 28-117-21-31-0014, -0015 and -0016
• Northern edge of the site has been improved with public sidewalk and pedestrian bridge.
These improvements will remain and will not be sold.
• Previous storage/repair facility on the site was demolished in 2013
• Environmental studies identified remains of hydraulic fluid in limited areas of the southern
portion of the site; other contaminants remediated in 2013
• Approx 34 ft elevation change from north to south property boundaries
• Surrounded by commercial, multi-family and institutional users
• Adjacent to Canadian Pacific Kansas City railroad tracks (aka Dan Patch line)
• Adjacent to public parking garage
• Easy access to and from Highway 100
• Currently zoned for industrial and guided for mixed uses
• Property is currently owned by the Edina Housing & Redevelopment Authority (HRA); title
will be transferred to City of Edina before purchase agreement executed with developer
• Land sold in ‘as is’ condition.
• Supplemental information is available online at www.edinamn.gov.
Page 6 of 18
Edina Housing & Redevelopment Authority Issued March 3, 2025
Redevelopment Opportunity – 5146 Eden Ave Page 4
DESIRED TYPE OF REDEVELOPMENT
Proposals should be primarily focused on new mixed use or residential development that
creates a vibrant destination for residents, workers and guests. Proposals for industrial uses will
not be accepted at this location.
The proposal must complement the overall Grandview District taking the general vision
expressed in the Guiding Principles into consideration. Recognize that the Development
Framework establishes only a general vision and is not considered a mandatory blueprint.
Ownership units preferred
In the past decade, thousands of new rental apartment units have been constructed in Edina. At
this location, there is a strong preference for other types of housing, especially ownership units
like townhouses, condominiums or cooperatives. Proposals with primarily luxury and market-
rate rental housing will be considered but are a low priority at this location.
Creative types of housing proposals are preferred and encouraged. Examples include (but are
not limited to): missing middle, townhouses, mixed-income, attainable, affordable, co-housing
flats, courtyard buildings, passive house, smaller-scale apartments or condominium building(s),
car-share program, limited equity models, community land trust model.
Modest Living at a Range of Prices
In this location, there is a preference for modest living arrangements to keep some of the unit
prices low. Preference will be given to proposals that are skewed toward affordability and
attainability instead of luxury while still being responsive to the marketplace.
Commercial uses
A combination of housing and commercial uses is strongly preferred, but not mandatory. Jester
Concepts was formerly under contract to develop a new restaurant with indoor and outdoor
seating on a portion of the site. Although the contract has expired, Jester still has interest to
create a new restaurant in a portion of the site. Proposals that include Jester as a partner will
be considered on the same basis as other potential commercial partners.
Walkable and Connected
The proposed site plan must create a walkable environment that provides convenient access
routes for pedestrians and bicyclists to travel to, from and within the site.
Scale and Massing
While moderate levels of height and density are possible on this site, the City does not strive
to maximize the height or density at this location. The public streets closest to the
Eden/Arcadia intersection are preferred to be lined with lower height buildings (2-3 stories for
Page 7 of 18
Edina Housing & Redevelopment Authority Issued March 3, 2025
Redevelopment Opportunity – 5146 Eden Ave Page 5
example). Additional height is acceptable and preferred in the western and northern portions of
the site to avoid overwhelming the public streets.
The layout and massing of new buildings must recognize the importance of the new sidewalk
and pedestrian bridge at the northern edge of the site. This public route provides convenient
access from the parking garage to the site. This public route must remain welcoming to guests
and visitors after the site is developed.
Outdoor Green Space
A portion of the site should be arranged to provide a shared outdoor space for residents,
guests and the general public. This could be arranged with a combination of landscaped and
hardscaped areas. This outdoor space is anticipated to be privately owned and maintained and
subject to a limited-access public use easement. There is no mandatory size or placement of
this outdoor space. Additional outdoor spaces exclusively for residents and guests of the new
building are also encouraged provided that a portion can be shared with the general public.
Parking
Private parking should be included on site to meet the market needs of the proposed project.
The adjacent Grandview Parking Garage is owned by the City and available as a shared amenity
to all surrounding properties. This public facility is frequently underutilized and has some
availability during daytime hours (M-F) and is fully available on weekday evenings and weekends.
This public garage is available for the limited shared use by guests, workers and customers. A
new pedestrian bridge provides access from the site to the parking garage.
ZONING AND PLANNING EXPECTATIONS
The site is currently zoned Planned Industrial District (PID). In 2022, the site secured
preliminary Planned Unit Development (PUD) rezoning that included a senior housing
cooperative, full-service restaurant and public park. That PUD was not finalized.
None of the pre-established zoning designations in Edina’s Zoning Code are suitable to achieve
the development goals envisioned in the Grandview Development Framework. Thus, the
pending PUD zoning is anticipated to be modified (or replaced) to reflect the preferred
developers proposal.
A brief and high-level summary of zoning regulations follows. Developers are strongly
encouraged to conduct a full code review as part of their submission.
Future Land Use
Guidance (Comp
Plan pg 3-30)
Guided as “Mixed Use Center”
- Primary uses: retail, office, service, multi-family residential and
institutional
- Vertical mixed use is encouraged
- Create new pedestrian and streetscape amenities
Page 8 of 18
Edina Housing & Redevelopment Authority Issued March 3, 2025
Redevelopment Opportunity – 5146 Eden Ave Page 6
- Encourage structured parking
- Buildings may “step down” in height from intersections
Residential Density
(Comp Plan, pg 3-30)
Guided for 20 to 100 dwelling units per acre depending on layout;
acceptable density level determined using the PUD rezoning process;
higher density levels require greater degrees of affordability
Floor to Area Ratio Varies by land use, typically not applicable to multi-family residential
Building Height
(App. A Height Overlay
District)
Zoned for 4 stories or 48 ft based on HOD-4 overlay; could be
modified using PUD rezoning process; height of adjacent Jerry’s office
building typically recognized as acceptable limit for projects in this area
Minimum Parking
(Sec. 36-1311 to 36-
1326)
Varies by land use; minimum requirements can be adjusted if justified
by an independent Parking and Traffic Study as part of the PUD
rezoning process; there is a public parking garage adjacent to the site
Building Lot
Coverage
(Sec. 36-525)
Varies by land use; can be adjusted using the PUD rezoning process
provided that alternate provisions for storm water and landscaping are
provided
Setback
Varies by land use and building height; at least 16-22 feet recommended
from curb along Eden and Arcadia; sufficient width to accommodate
fire department operations on other sides
Sidewalks
(Sec 36-1274)
Complete sidewalks required along Eden and Arcadia; 5 ft minimum
sidewalk with 5 ft landscaped boulevard
Fire Department
Access
An alley or other access route is required for Fire Department access
to the full site
Architectural
Design
Not regulated; a variety of styles and massing including articulation and
step backs is preferred
Exterior Materials
(Sec 36-618(11))
Not regulated; mixture or natural materials preferred, a variety of
materials are acceptable using the PUD rezoning process
Affordability
At least 10% of all residential units must be priced as affordable to
moderate-income households; a greater number of affordable and
attainable units is strongly preferred but not mandatory
APPLICABLE CODES, STANDARDS AND POLICIES
All proposals are expected to comply with applicable codes and policies, including:
• MN State Building Code
• MN Accessibility Code
• Americans with Disabilities Act (ADA)
• Public Right-of-Way Accessibility Guidelines (PROWAG)
Page 9 of 18
Edina Housing & Redevelopment Authority Issued March 3, 2025
Redevelopment Opportunity – 5146 Eden Ave Page 7
• Edina Zoning Code
• Edina Affordable Housing Policy (2022, as revised)
• Edina Sustainable Buildings Policy (2022, as revised)
• Edina Grandview Development Framework
• Edina Comprehensive Plan
• Grandview Maintenance Assessment District
ANTICIPATED SELECTION PROCESS
The Seller anticipates a two-step selection process.
Step 1: All proposals that are responsive to this RFP and received prior to the deadline will be
evaluated by City staff and forwarded to the HRA Board and/or City Council members for
consideration. Proposals will be evaluated on their (1) professional capabilities to complete the
project, (2) compatibility with preferred project types and (3) anticipated land purchase price.
The City officials will determine which responders, if any, will be invited to interview.
Step 2: A limited number of proposals will be invited to refine their proposal and present a more
detailed proposal directly to the City officials (in a public meeting) After conclusion of the
presentations, the City officials will re-evaluate the finalists as they select the preferred developer.
The announcement of the preferred developer will take place at a subsequent public meeting and
will include a Letter of Intent or similar document to identify the terms of sale.
After the preferred developer is announced, the City Attorney will prepare and present a
Contract for Private Development or similar document that identifies the terms of the sale, the
responsibilities and expectations of buyer and seller and deadlines to proceed. After execution
of the Contract, the preferred developer will proceed with the City’s standard development
review process. This process includes a series of public meetings (sketch plan, preliminary and
final) with the Planning Commission and City Council to consider rezoning and site plan approvals.
SUBMITTAL REQUIREMENTS AND DEADLINE
Motivated developers are encouraged to submit a proposal for consideration. Proposals must
follow the general format attached. Send proposals to the City of Edina to the attention of:
Bill Neuendorf
Economic Development Manager
BNeuendorf@EdinaMN.gov
Proposals must be received no later than Monday April 21st, 2025 at 5:00 pm CST.
Page 10 of 18
Edina Housing & Redevelopment Authority Issued March 3, 2025
Redevelopment Opportunity – 5146 Eden Ave Page 8
QUESTIONS
Questions can be directed to Bill Neuendorf, Economic Development Manager at
BNeuendorf@EdinaMN.gov for written response no later than Monday March 31st, 2025 at
5:00 pm CST. Responses to questions received by the deadline will be posted to the website.
GENERAL TERMS
This is a request for proposal and in no way obligates the responder to enter into a contract with
the City of Edina or the Edina HRA. Nor does this request obligate the City of Edina or the Edina
HRA to enter into a contract with any entity that responds, nor does it limit or restrict the City
of Edina or the Edina HRA’s right to enter into a contract with any entity that does not respond
to this request. In its sole discretion, the City of Edina or the Edina HRA may pursue discussions
with one or more entities responding to this request, or none at all. The City of Edina and the
Edina HRA further reserves the right, in its sole discretion, to cancel this Request for Proposal
at any time for any reason. All costs associated with responding to this request will be solely at
the responder’s expense.
Page 11 of 18
Edina Housing & Redevelopment Authority Issued March 3, 2025
Redevelopment Opportunity – 5146 Eden Ave Page 9
5146 Eden Avenue PROPOSAL SUMMARY
Use this format to submit your proposal. Attach additional pages as appropriate. Brevity is
preferred for the first round. Additional detail will be requested from selected finalists.
Failure to provide complete information is grounds for the City to reject the proposal.
(1) Contact Information
Name of Development
Company
Contact Name
Phone Number and Email
Website
Name of Development
Partner, if any
Years of relevant
development experience
Examples of similar
completed projects by
developer(s) (project
name and location)
MBE, WBE, SBE,or VBE
status of developer(s) and
partners, if applicable
(2a) Brief Description of Proposed Project
Attach a brief description of the proposed project, including unique characteristics or
amenities. Two single sided pages maximum.
Also attach a conceptual site plan that generally depicts the site layout and massing
envisioned for the site. One page minimum; three pages maximum.
(2b) Anticipated Commercial Uses included on Site
Description of Commercial Use(s) Approx Size (sq ft)
A
B
C
Page 12 of 18
Edina Housing & Redevelopment Authority Issued March 3, 2025
Redevelopment Opportunity – 5146 Eden Ave Page 10
(2c) Anticipated Unit Count (fill in approx. # units of each type)
Total
Units
Affordable Attainable Market
Rate
< 50%
AMI
50%
AMI
60%
AMI
80%
AMI
100%
AMI
120%
AMI
> 120%
AMI
Townhouse, for-sale
Townhouse, rental
Cooperative
Condominium
Rental Apartment, Senior
Rental Apartment, All ages
Other, A
Other, B
(3a) Anticipated Land Purchase Price
Anticipated Land
Price per Unit
Anticipated # of
Units Sub-Total
Townhouse building(s)
Multi-family building(s)
Other
Commercial Use(s) NA
Estimated Total Land Purchase Price =
(3b) Conditions or Contingencies that impact purchase price or land closing
(3c) Describe the type of debt and equity funding anticipated
Submitted by (name & date):
END
Page 13 of 18
d
ITEM REPORT
Date: July 24, 2025 Item Activity: Information
Meeting: Housing & Redevelopment Authority
Agenda Number: 5.2
Prepared By: Bill Neuendorf, Economic Dev Mgr
Item Type: Report & Recommendation Department: Community Development
Item Title: Presentation by Hempel Real Estate, Monarch Development Partners, Jester
Concepts and Rokos Advisors (30-mins max)
Action Requested:
No action required; for informational and discuss purposes only.
Information/Background:
This presentation pertains to the potential sale of real estate located at 5146 Eden Ave. This land is
no longer needed by the City or HRA and is proposed to be sold for private redevelopment.
This team is one of five invited to present their proposal to redevelop the vacant property. Each
team will have 15-minutes to summarize their proposal and an additional 15-minutes to answer
questions from the HRA Board members.
It should be noted that these presentations are intended to be 'informational' only so that the HRA
can identify the development team that best addresses the HRA goals for the property. While the
land price is very important, the HRA Board will also consider each proposal through the lens of the
City's Values and Pillars so that the redevelopment of the property can achieve a combination of City
goals and objectives.
After a buyer is selected and after a purchase contract is executed, the buyer will be required to
submit formal plans to be reviewed through the City's standard development review process. This
process includes public input, a recommendation from the Planning Commission and final
consideration by the City Council. That process is likely to begin in Fall 2025.
Resources/Financial Impacts:
This site has been exempt from property taxes since 1962. Any private re-use will return the
property to the tax rolls.
Relationship to City Policies:
Comprehensive Plan, Grandview Development Framework, Sustainable Building Policy, Affordable
Housing Policy
Supporting Documentation:
None
Page 14 of 18
d
ITEM REPORT
Date: July 24, 2025 Item Activity: Information
Meeting: Housing & Redevelopment Authority
Agenda Number: 5.3
Prepared By: Bill Neuendorf, Economic Dev Mgr
Item Type: Report & Recommendation Department: Community Development
Item Title: Presentation by Opus Development Company (30-mins max)
Action Requested:
No action required; for informational and discussion purposes only.
Information/Background:
This presentation pertains to the potential sale of real estate located at 5146 Eden Ave. This land is
no longer needed by the City or HRA and is proposed to be sold for private redevelopment.
This team is one of five invited to present their proposal to redevelop the vacant property. Each
team will have 15-minutes to summarize their proposal and an additional 15-minutes to answer
questions from the HRA Board members.
It should be noted that these presentations are intended to be 'informational' only so that the HRA
can identify the development team that best addresses the HRA goals for the property. While the
land price is very important, the HRA Board will also consider each proposal through the lens of the
City's Values and Pillars so that the redevelopment of the property can achieve a combination of City
goals and objectives.
After a buyer is selected and after a purchase contract is executed, the buyer will be required to
submit formal plans to be reviewed through the City's standard development review process. This
process includes public input, a recommendation from the Planning Commission and final
consideration by the City Council. That process is likely to begin in Fall 2025.
Resources/Financial Impacts:
This site has been exempt from property taxes since 1962. Any private re-use will return the
property to the tax rolls.
Relationship to City Policies:
Comprehensive Plan, Grandview Development Framework, Sustainable Building Policy, Affordable
Housing Policy
Supporting Documentation:
None
Page 15 of 18
d
ITEM REPORT
Date: July 24, 2025 Item Activity: Information
Meeting: Housing & Redevelopment Authority
Agenda Number: 5.4
Prepared By: Bill Neuendorf, Economic Dev Mgr
Item Type: Report & Recommendation Department: Community Development
Item Title: Presentation by Noor Companies and Wellington Management (30-mins max)
Action Requested:
No action required; for informational and discussion purposes only.
Information/Background:
This presentation pertains to the potential sale of real estate located at 5146 Eden Ave. This land is
no longer needed by the City or HRA and is proposed to be sold for private redevelopment.
This team is one of five invited to present their proposal to redevelop the vacant property. Each
team will have 15-minutes to summarize their proposal and an additional 15-minutes to answer
questions from the HRA Board members.
It should be noted that these presentations are intended to be 'informational' only so that the HRA
can identify the development team that best addresses the HRA goals for the property. While the
land price is very important, the HRA Board will also consider each proposal through the lens of the
City's Values and Pillars so that the redevelopment of the property can achieve a combination of City
goals and objectives.
After a buyer is selected and after a purchase contract is executed, the buyer will be required to
submit formal plans to be reviewed through the City's standard development review process. This
process includes public input, a recommendation from the Planning Commission and final
consideration by the City Council. That process is likely to begin in Fall 2025.
Resources/Financial Impacts:
This site has been exempt from property taxes since 1962. Any private re-use will return the
property to the tax rolls.
Relationship to City Policies:
Comprehensive Plan, Grandview Development Framework, Sustainable Building Policy, Affordable
Housing Policy
Supporting Documentation:
None
Page 16 of 18
d
ITEM REPORT
Date: July 24, 2025 Item Activity: Information
Meeting: Housing & Redevelopment Authority
Agenda Number: 5.5
Prepared By: Bill Neuendorf, Economic Dev Mgr
Item Type: Report & Recommendation Department: Community Development
Item Title: Presentation by Lifestyle Communities and Ron Clark Construction (30-mins
max)
Action Requested:
No action required; for informational and discussion purposes only.
Information/Background:
This presentation pertains to the potential sale of real estate located at 5146 Eden Ave. This land is
no longer needed by the City or HRA and is proposed to be sold for private redevelopment.
This team is one of five invited to present their proposal to redevelop the vacant property. Each
team will have 15-minutes to summarize their proposal and an additional 15-minutes to answer
questions from the HRA Board members.
It should be noted that these presentations are intended to be 'informational' only so that the HRA
can identify the development team that best addresses the HRA goals for the property. While the
land price is very important, the HRA Board will also consider each proposal through the lens of the
City's Values and Pillars so that the redevelopment of the property can achieve a combination of City
goals and objectives.
After a buyer is selected and after a purchase contract is executed, the buyer will be required to
submit formal plans to be reviewed through the City's standard development review process. This
process includes public input, a recommendation from the Planning Commission and final
consideration by the City Council. That process is likely to begin in Fall 2025.
Resources/Financial Impacts:
This site has been exempt from property taxes since 1962. Any private re-use will return the
property to the tax rolls.
Relationship to City Policies:
Comprehensive Plan, Grandview Development Framework, Sustainable Building Policy, Affordable
Housing Policy
Supporting Documentation:
None
Page 17 of 18
d
ITEM REPORT
Date: July 24, 2025 Item Activity: Information
Meeting: Housing & Redevelopment Authority
Agenda Number: 5.6
Prepared By: Bill Neuendorf, Economic Dev Mgr
Item Type: Report & Recommendation Department: Community Development
Item Title: Presentation by Onward Investors, Ebenezer Homes, Leap Development and
SETT Properties (30-mins max)
Action Requested:
No action required; for informational and discussion purposes only.
Information/Background:
This presentation pertains to the potential sale of real estate located at 5146 Eden Ave. This land is
no longer needed by the City or HRA and is proposed to be sold for private redevelopment.
This team is one of five invited to present their proposal to redevelop the vacant property. Each
team will have 15-minutes to summarize their proposal and an additional 15-minutes to answer
questions from the HRA Board members.
It should be noted that these presentations are intended to be 'informational' only so that the HRA
can identify the development team that best addresses the HRA goals for the property. While the
land price is very important, the HRA Board will also consider each proposal through the lens of the
City's Values and Pillars so that the redevelopment of the property can achieve a combination of City
goals and objectives.
After a buyer is selected and after a purchase contract is executed, the buyer will be required to
submit formal plans to be reviewed through the City's standard development review process. This
process includes public input, a recommendation from the Planning Commission and final
consideration by the City Council. That process is likely to begin in Fall 2025.
Resources/Financial Impacts:
This site has been exempt from property taxes since 1962. Any private re-use will return the
property to the tax rolls.
Relationship to City Policies:
Comprehensive Plan, Grandview Development Framework, Sustainable Building Policy, Affordable
Housing Policy
Supporting Documentation:
None
Page 18 of 18