HomeMy WebLinkAboutED - Grandview-Frauenshuh
City of Edina • 4801 W. 50th St. • Edina, MN 55424
Contact: Jordan Gilgenbach, Communications Coordinator
Phone 952-826-0396 • jgilgenbach@EdinaMN.gov • www.EdinaMN.gov
FOR IMMEDIATE RELEASE
Council Selects Partner For Grandview Site
Edina, Minn., Sept. 22, 2014 – The Edina City Council selected Frauenshuh Commercial Real Estate
Group as a development partner for planning use of the former Public Works site, 5146 Eden Ave.
Frauenshuh will work in partnership with the City to determine the best combination of public and private
uses for the 3.3-acre site. Work on the project will not begin until a final agreement has been reached. The
agreement is expected to be presented to the City Council later this fall.
The partnership agreement is anticipated to consist of several distinct stages, including:
Stage 1, alternative development, in which the partners will research and explore various options for
the site. The partners will produce at least two potential alternatives for re-use of the site. This stage
will involve significant input from residents, businesses and community groups with a potential interest
in the site;
Stage 2, public evaluation, where re-use alternatives will be made available for an additional round of
public evaluation and feedback;
Stage 3, scenario selection, where the City Council will determine which scenario, if any, is in the best
interest of the community. Selection of the preferred scenario is anticipated in mid-2015.
“This multi-stage process will give City leaders a sound idea of the realistic potential of the site and better
understand what could feasibly be developed there,” said the City’s Economic Development Manager Bill
Neuendorf. “After the alternatives are explored and evaluated by the public, the City should have a re-use
concept for the site that meets the need of the community.” Only after a final scenario is selected will the
City and the development partner enter into a binding redevelopment agreement to execute the preferred
scenario.
“In this exploratory phase, we’ll use Frauenshuh’s expertise in real estate development coupled with the
community’s keen understanding of future needs to identify the best combination of public and private uses
for the site,” Neuendorf said. “Based on this knowledge, the City can make an informed decision on how to
move forward to turn this vacant property into a productive parcel that adds to the spirit of the Grandview
District.” At this time, there are no plans or timelines for construction.
For more information, contact Neuendorf at 952-826-0407 or bneuendorf@EdinaMN.gov, or visit
www.EdinaMN.gov/Grandview.
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