Sale and Private Development of 5146 Eden Avenue
Description
The city sold its parcel at 5146 Eden Avenue to a development partnership after reviewing 11 responses to a March 2025 request for proposals. The deal is conditioned on the buyer building a multi-phase development, with the pace driven by market demand.
Impact summary
The amendment affects the terms of a redevelopment deal for the Eden Avenue site.
Applicant
- Name
- Arcadia Avenue Partners, LLC (Hempel Real Estate and Monarch Partners)
- Address
- 5146 Eden Avenue, Edina, Minnesota
At a glance
- Hearings
- 2
- Public comments
- 1
- Total mentions
- 2
Last vote · City Council
Discussed at 1 meeting in the last 60 days; most recently Oct 20, 2026.
Meeting timeline (2)
City Council - Oct 20, 2026
An amendment to the city's contract with Arcadia Ave Partners for purchase and redevelopment of the Eden Avenue property was scheduled for action.
City Council - Mar 17, 2026
The city sold its parcel at 5146 Eden Avenue to a development partnership after reviewing 11 responses to a March 2025 request for proposals. The deal is conditioned on the buyer building a multi-phase development, with the pace driven by market demand.
Related issues (2)
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