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Richfield Redevelopment Recap

Status updates on the many pending redevelopment projects happening throughout the city.

Director presented the following information at a special work session Tuesday:

Lyndale Station

The will soon be known as Lyndale Station. Currently the is being built on the corner of Lyndale Avenue and 65th Street and is still expected to be finished in the fall.

The 20,000-square-foot, mixed-retail building is also underway on the eastside of the property, which is also expected to be finished this fall. The 8,500-square-foot restaurant will likely not start construction until next year.

Lyndale Gardens

The is expected to begin sometime this summer. The developer, The Cornerstone Group, is still negotiating three leases—a hardware store, restaurant and co-op grocery store—to occupy the building, which is scheduled to be ready for occupancy by the spring of 2013.

Seventy-five to 125 units of multi-family residential is still being planned to line , as well as a mixed-use building on Lyndale Avenue. Developers are also planning on continuing to gather input from the public for other development decisions such as putting in a public plaza, trails or a splash park for kids.

Lyndale Plaza

, which is replacing , is set to open late in 2012. Leasing is already underway for the 94-unit building. Nineteen of the apartments are affordable units.

Pizza Luce

sometime this July. The restaurant will feature a full bar, outdoor seating and more than 100 seats inside. The entire building has essentially been gutted and redone, leaving only the shell original.

Arc’s Value Village

Following the building of on the corner of 66th Street and Penn Avenue, is also planning improvements to make the space work better for them. Much of the work will be done on the interior of the building and is set to begin in June.

Menards

, with some cleanup work still happening. The new two-story superstore will be a whopping 290,000 square feet and is expected to be finished in the spring of 2013.

The after granting the final approvals for the redevelopment.

LaMettry’s Auto Body

is hoping to relocate its facility to the city-owned Candlewood outlot. The move will facilitate the expansion of . It is still very early in the process.

O’Reilly Auto Parts

purchased the former King Oscar’s site and has received planning and zoning approvals from the city and the building permit application is underway. The building will be approximately 6,700 square feet.

Pillsbury Commons

The city is working on the (TIF) financing plan now.

Kirsten May 04, 2012 at 10:28 PM
I'd love to see a cool gift shop like Patina. And a locally owned coffee shop that shows artwork from local artists.
Caitlin Burgess May 05, 2012 at 04:41 PM
Yes! I would love to see some more unique boutiques. I'm sure the art thing won't be a problem. There was talk of having some space like that in the LGC development.
Richfield Commoners United May 29, 2012 at 04:24 PM
Pillsbury Commons Process Hits Another Snag, So lets drag the city residents around and around, Thank you for being the developer you are. My be the city of Richfield will name a gift shop after you like they did in EDINA. for " AN excellent way to win hearts and minds developer" here in Richfield...oh yea we dont have a Art Gift shop but if you have your way we will have the very first SECTION 42 Shelter..Please visit http://ci.edina.mn.us/content/facilities/art_center/facilities/clark_gift_shop/index.htm
Richfield Commoners United June 01, 2012 at 03:51 PM
"So now we need to ask if TIF sheds some tax dollars to the school system. In all Ron Clark will only pay $3900. per year in taxes on the land for 30 years, what will the school get in cash for the next 30 years? The next question that should be asked is this, Kennisington Place on 76th and Lyndale was given $500K in up front TIF but now the courts have decided that Richfield was a second mortgage and we not getting one cent back ? How much did the school system loose on that one? Ron Clark is the only one walking away with the cash in hand!"
Richfield Commoners United June 06, 2012 at 02:09 AM
http://richfield.patch.com/articles/poll-does-the-city-know-what-it-s-doing-with-housing?ncid=newsltuspatc00000001

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