The city of Minneapolis, Minnesota has issued an RFP seeking a redeveloper(s) to turn a parking lot into new retail or multi-use buildings for the last large public parking lot at the Lyndale Avenue and Lake Street intersection near Uptown.
The City seeks innovative and community-oriented developer(s) to redevelop one or both of two sites at Lyn-Lake. The City will accept RFP proposals for SITE A alone, SITE B alone, or two proposals from the same developer for both SITES A and B. The City will accept and consider proposals that incorporate adjacent properties if the proposal demonstrates site control of those adjacent parcels.
- SITE A 1-acre surface parking lot in the Whittier Neighborhood, known as the “Garfield Lot.” The lot comprises nine adjacent parcels on Garfield Ave S (see chart at right).
- SITE B 2920 Lyndale Ave S in the Lowry Hill East Neighborhood (PID: 3302924440146 and 5,269 sq ft).
This RFP document solicits development proposals within a specified timeframe and provides interested respondents with as much data and information as possible to aid them in preparing a successful proposal.
The Minneapolis City Council may offer selected developer(s) exclusive development rights, after which the selected developer(s) would further refine their development proposal, in consultation with the community, to best achieve the RFP’s Development Objectives (see page 6-7).
Proposals are due Thursday, April 9, 2020 at 4:00 p.m.