Minneapolis Park and Recreation Board Seeks Developer for Scherer Bros Site

Via a Nov 17, 2016, e-newsletter from the Mpls Park and Recreation Board:

An artistic rendering envisioning the future Scherer site and rebuilt Hall’s Island

Request for Qualifications issued in search of qualified team to redevelop ‘Parcel D’

Developer submissions due December 15 at 4 pm

The Minneapolis Park and Recreation Board (MPRB) is seeking a creative and qualified real estate developer to participate in the revitalization of a former lumberyard on the Northeast Minneapolis riverfront. 
 
The Scherer Bros site contains 11.7 acres of land directly north of the Plymouth Avenue Bridge on the east bank of the Mississippi River. The site is part of the RiverFirst Initiative, which envisions private development of 3.55 acres spanning the northwest corner of the property (currently identified as ‘Parcel D’). Parcel D sits next to the recently opened Mississippi East Bank Trail as well as a future riverfront park leading to a rebuilt 4-acre Hall’s Island in the Mississippi River.
 
See the resources linked below for more details on the vision for the site:
 
Scherer Bros Site Concept Design
Scherer/Hall’s Island 3D Fly-Through Animation
Scherer Bros Site – Parcel D Development Project Page
Scherer Bros Site – Hall’s Island Project Page

Site History and Next Steps

The MPRB purchased the Scherer site for $7.7 million in 2010. Since then, the land underwent pollution remediation, hosted several popular concerts and had a section of a mile-long bike and pedestrian trail paved through it.
 
The selected development team will work with a 15-member Community Advisory Committee (CAC) and the MPRB to create a concept plan with an innovative design that helps activate the park. The CAC is comprised of stakeholders who will share insight and resources and serve to build and sustain relationships between the community, the development team and the MPRB.
 
Interested developers must submit a summary of their qualifications. The Request for Qualifications (RFQ) and accompanying information about the site and redevelopment goals may be found on the MPRB Project Bidding Page.
 
The deadline for submission is 4 pm on December 15, 2016.