The for the proposed Pillsbury Commons development has expired, thereby officially killing the project and freeing the land up for other bidders.
The city entered into an option agreement with Ron Clark, of Ron Clark Construction & Design, just over a year ago for the former garage site on 76th Street and Pleasant Avenue. The agreement essentially stated the city would agree to sell the land to Clark and would hold it while design plans were being put together. A series of recent council and commission meetings to move forward with the project, . However, the city was still obligated to sell the optioned land.
According to Assistant City Manager Pam Dmytrenko, as of Monday, Clark did not close on the optioned property nor did he ask for an extension. The closing or extension request was required by June 30, per the option agreement. Clark would've had to put down an additional $5,000 to secure an extension.
In an e-mail to the Richfield City Council members, Dmytrenko said the city's attorney, Corrine Heine, contacted the developer's attorney, Jim Susag, who confirmed that Clark had not taken the proper steps to extend the option. In addition, Susag reportedly said Clark did not intend to file a lawsuit against the city.
Richfield Patch will update readers as more information becomes available.
To see all of Richfield Patch's coverage on this development, visit our Pillsbury Commons topic page.