Edina City Council — Transcript
Monday, April 6, 2026
Story
Edina approves sale of vacant city property for mixed-use development
Votes (1)
Sale and Mixed-Use Redevelopment of 5146 Eden Avenue Property
The City Council approved the sale of the long-vacant 3-acre property at 5146 Eden Avenue. The Housing and Redevelopment Authority (HRA) selected Hemple Real Estate and Monarch Development Partners from 11 proposals. The chosen plan proposes a mixed-use redevelopment, incorporating new commercial space and owner-occupied townhouses and condominiums, distinguishing itself from recent rental-focused projects. The sale is projected for spring 2027, followed by a detailed public review process for concept plans.
Notable Quotes (1)
The project includes new ownership housing, condominiums, and town homes. We've seen so many rental buildings over the the last several years. This proposal presents a little bit something different and we think that's going to be a huge benefit to the community.
Ordinances & Resolutions (6)
Issued by the Housing and Redevelopment Authority (HRA) to solicit development proposals.
The approved agreement for the development team to purchase the property for $4 million.
Plans to be prepared by architects and engineers for public review.
Part of the city's standard review process for development projects.
A required process within the city's standard review for the proposed development.
Multiple opportunities for community input during the project review process.