Graco Land Plan Gets Cold Shoulder From Minneapolis Park Commissioners

The following article by Steve Brandt was published in the July 2, 2015 issue of the Star Tribune.

Graco Land Plan Gets Cold Shoulder From Minneapolis Park Commissioners

The Minneapolis Park Board will vote on the plan for the riverfront land later this month.

 

Minneapolis park commissioners lined up Wednesday evening to dump all over a proposal by Graco Minnesota Inc. to develop part of a northeast riverfront park — but they didn’t kill it, either.

Instead, a Park Board committee forwarded the Graco proposal to the full board, which will take it up in two weeks. The board earlier this year granted Graco, whose Minneapolis complex abuts the planned park on the former Scherer lumberyard, the right to submit a proposal ahead of other developers.

Commissioners griped that Graco’s planned two-building development with Ryan Cos. was too small to generate enough rent to pay the entire cost of maintaining the public portion of the park, had too much surface parking at 283 spots, and didn’t provide enough public space and access.

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