Discussion:
The redevelopment including stormwater, utility, street improvements and vertical development will begin shortly but we have had increased amounts of trespassing on the properties, creating a dangerous situation for the police and neighbors. The city will be expediting the demolition and remediation of the properties in advance of the closing. The city will be reimbursed by the developer and will also be using funds from grants from the Met Council and DEED for remediation.
Greystone is the general contractor for the development and advertised for bids per the clean up agreements and will manage the work as part of its larger contract with the developer.
We anticipate demolition will begin as soon as the environmental permits are approved.