City of Minneapolis and MPRB Receive One Submission for Master Developer of Upper Harbor Terminal Phase 1 Redevelopment
Monday, October 17, 2016 at 2:11PM
Via an October 17 joint News Release from the City of Minneapolis, CPED and Minneapolis Park and Recreation Board:
City of Minneapolis and Minneapolis Park and Recreation Board Receive One Submission for Master Developer Upper Harbor Terminal Phase 1 Redevelopment
Five Submissions for Development Partners Were Also Received
On Friday, October 14, 2016, the City of Minneapolis and Minneapolis Park and Recreation Board (MPRB) closed their request for qualifications (RFQ) period seeking submissions for the Upper Harbor Terminal (UHT) Phase 1 redevelopment. The UHT site is located on the west bank of the Mississippi River, from 33rd Ave. N. to about 40th Ave. N.
One submission was received from a team comprised of United Properties, Thor Development and First Avenue Productions.
The City’s and MPRB’s goal for the property is to redevelop this key riverfront site from its previous use as a barge shipping terminal to a mixture of riverfront parkland and inland private development. Additional information about the site, the redevelopment goals and the RFQ process may be found at http://www.upperharbormpls.com/.
Following an initial staff review, the submission will be revealed at a community input meeting to be held:
Thursday, November 3
6:00 – 8:00 pm
Folwell Park Recreation Center
1615 Dowling Ave. N, Minneapolis
Additional information about the submission will be posted on the http://www.upperharbormpls.com/ website, along with more details about the community input meeting and other ways available for the public to provide input on the submission.
A City/MPRB Recommendation Committee then will complete its review and make a recommendation to the City Council and Park Board as to whether this development team should be selected to enter into a collaborative planning process with the City and MPRB, with community input. This process will be guided by a three-party exclusive rights agreement that will be authorized at the same time as the developer selection. It is hoped that developer selection can be completed and the exclusive rights agreement executed so that the planning process can begin in March of 2017.
Submissions also were received from five teams interested in being considered as “potential development partners.” These submissions will not be reviewed by the City or MPRB, but will instead be passed along to the selected master developer for consideration as part of the development concept and team.
