May 20, 2025 Bloomington Port Authority Meeting

Tuesday, May 20, 2025

Approval of Port Authority minutes

Joint meeting minutes with HRA

Bloomington Central Station Grocery Recapture Agreement

Sale of property near American Boulevard/Mall of America

Commercial Nodes Toolkit strategy update

Votes (5)

Approval of Port Authority minutes

Carried5-0

Moved by Not Specified · Seconded by Commissioner Hunt

Approval of Joint HRA meeting minutes

Carried5-0

Moved by Mayor · Seconded by Commissioner Nelson

Approve Amended and Restated Grocery Recapture Agreement

Carried6-0

Moved by Commissioner Peterson · Seconded by Commissioner Nelson

Close public hearing for property sale

Carried6-0

Moved by Mayor · Seconded by Commissioner Hunt

Authorize sale of remainder property to City

Carried6-0

Moved by Commissioner Peterson · Seconded by Commissioner Nelson

Notable Quotes (3)

We can report at this point that they have signed a lease with Colonial Market. That's some great news.

Luke Sponsible
Grocery Recapture AgreementReporting on the grocery tenant status at Bloomington Central Station.

I feel compelled to ask what kind of due diligence... what due diligence did McGuff do and in the city do?

Hunt
Due DiligenceQuestioning the developer's vetting process for the new tenant.

The vision for the Commercial Nodes Toolkit is provide a framework for staff, property owners and businesses to modernize and redevelop commercial nodes while minimizing displacement.

Luke Sponsible
Commercial Nodes ToolkitExplaining the purpose of the toolkit project.

People (9)

EricksonPresident

Presides over the Port Authority meetings.

HollyStaff

Coordinates presentations for economic development items.

Luke SponsibleEconomic Development Analyst

Primary presenter for the Grocery Recapture Agreement and Commercial Nodes Toolkit.

KevinStaff

Provided legal/technical amendment regarding appraisal institute references.

HuntCommissioner

Questioned due diligence on the grocery tenant.

PetersonCommissioner

Moved to approve the recapture agreement and property sale.

NelsonCommissioner

Seconded motions and inquired about right of first refusal expiration.

LyonsCommissioner

Asked about Mall of America interest in the development site.

MarkCity Staff

Confirms hearing notification requirements.

Places Mentioned

Bloomington Central Station9818 Nicollet Ave SouthAmerican BoulevardMall of AmericaMSP Airport

Events & Meetings (3)

  • February Port Meeting
  • April 2025 Wilderness Inquiry Grand Opening
  • April 30, 2026 Right of First Refusal termination
View Source
May 20, 2025 Bloomington Port Authority Meeting - Bloomington Recorder