Edina Housing & Redevelopment Authority Meeting / Jan. 15, 2026

Thursday, January 15, 2026

Year in Review 2025 accomplishments

Current construction projects progress update

Tax Increment Financing (TIF) usage and summary

Spark program updates and loan modifications

Grand View public works site redevelopment

Affordable housing initiatives and progress

Economic development and 2026 outlook

Areas of Interest (6)

  • Significant slowdown in construction starts reported for 2025 due to financing headwinds.
  • Strategic shift: HR transferring Grand View land to City Council for greater budgetary flexibility.
  • TIF note issuances delayed for major developments like the Finch Apartments pending final review.
  • Long-stalled projects at 70th and France (former US Bank) and the old Macy's furniture site remain in financing limbo.
  • Failure of 'Come Home to Adena' program due to lack of funding.
  • Transformational tax base growth cited in specific districts like 50th and France (Nolan Mains project).

Votes (2)

Adoption of the meeting agenda

CarriedNot specified

Moved by Commissioner Jackson · Seconded by Commissioner Pierce

Adopt the items on the consent agenda in a single motion

CarriedNot specified

Moved by Commissioner Jackson · Seconded by Commissioner Pierce

Notable Quotes (2)

The HR was established in Adina in 1974. It's been around for several years working on projects throughout the community.

— Bill Nuendorf
Organizational historyProviding historical background on the HR.

We use TIFF strategically. We use it intentionally and we use it to accomplish community goals.

— Bill Nuendorf
TIF PolicyJustifying TIF usage versus neighboring cities.

People (8)

HublinChair

Presiding over the Adena Housing and Redevelopment Authority meeting.

1 quote

“It is Thursday, January 15th, 2026, and it is 7:30 in the morning.”

Calling the meeting to order.

Scott NeilExecutive Director / City Manager

Managing roll call and administrative procedures.

Bill NuendorfEconomic Development Manager

Leading the Year in Review presentation and project status updates.

2 quotes

“This year, we're at 52 pages.”

Describing the length of the Year in Review document.

“I take the easy way out and say it's complicated.”

Reflecting on Tax Increment Financing (TIF).

Stephanie HawinsonAffordable Housing Manager

Co-authoring accomplishments and managing housing policies.

RisserCommissioner

Participating in roll call.

JacksonCommissioner

Moving adoption of agenda and consent items.

PierceCommissioner

Seconding agenda and consent item motions.

AgnuCommissioner

Participating in roll call.

Places Mentioned

AdenaCentennial Lakes DistrictVernon Avenue and 50th Street72nd in FranceHighway 100Grand View DistrictPentagon ParkFred Richards ParkGalleriaSouthdale Mall44th in France

Events & Meetings (1)

  • January 15th, 2026, 7:30 AM
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Edina Housing & Redevelopment Authority Meeting / Jan. 15, 2026 - Edina Recorder