TIF Districts & Projects
44th & France 2 District
This renewal TIF district was established in 2018 to support redevelopment of the vacant Edina Cleaners property. The resulting project delivered new housing, including three affordably priced units, shared public parking, a new public plaza and new streetscaping. The shared parking and outdoor plaza are available for public use.
Additional information about the project can be found on The Lorient website.
50th & France 2 District
This redevelopment TIF district was established in 2017 to enable the Market Street redevelopment project, which included expansion of the North Ramp, a new underground Center Ramp, Nolan Mains apartments, outdoor plazas and pedestrian walkways.
66 West District
This housing TIF district was established to encourage creation of new affordably priced housing by Beacon Interfaith Housing Collaborative. The 66 West Apartments are an award-winning project that provides housing and support services for youth and young adults.
72nd & France District
This Housing TIF District was established in 2019 to help redevelop a property with two aging office buildings and a condemned parking structure into two new buildings of apartments and townhomes, mostly underground parking with some public use ground-level parking. The development at 7200 and 7250 France also preserves a mature grove of trees and creates streetscape and open space areas available to the public.
This housing TIF district was established in 2019 to support development of new affordable housing, replacing a vacant dry-cleaning facility at 7075-79 Amundson Ave. All 62 units will be affordable to households with incomes at or below 60 percent the median area income. There will be eight, one-bedroom units, 23 two-bedroom units, and 31 three-bedroom units. The four-story building will have underground parking. Read more about this new development (PDF)
This redevelopment TIF district was established to create a viable funding source for the many public improvements anticipated to improve access to and through the overall Grandview commercial district. Needs identified in the 2012 Grandview Development Framework include: improvements for pedestrians, bicyclists, transit users, and motorists, improvements to: Eden Avenue, Arcadia, Avenue, intersections at Eden/Arcadia and Eden/Vernon, new east-west connection behind Jerry’s Office Tower, and new shared public parking.
This TIF District includes 15 properties that cover 11 acres of the 80 acre commercial area. Specific uses of TIF monies will be considered on a case-by-case basis when development proposals are prepared for the vacant and underutilized parcels.
Pentagon Park District
This redevelopment TIF district was established in 2014 to revive the declining commercial properties formerly known as Pentagon Park (PDF). The TIF district includes 40 acres of privately owned land that is subdivided by West 77th Street and is adjacent to Fred Richards Park. Pentagon Village with new retail and commercial buildings, parking and public plaza space is the first piece of redevelopment.
Southdale 2 District
This economic development TIF district was established in 2012 using one-time legislation created by Governor Dayton to promote job creation and investment throughout Minnesota. This legislation was used in Edina to counteract the decline of Southdale Center mall, which suffered from high vacancy, increased perception of crime and declining property values after a series of ownership changes and deferred maintenance. The renewal of this historic shopping destination spurred more than $100 million in new investments on property surrounding the mall.
West 76th District
Closed TIF Districts
The Centennial Lakes TIF District was established to encourage private-sector redevelopment of a former gravel pit. Edina’s bonding authority was used to hold the large (100-plus-acre) parcel of land so that it could be developed in phases when market conditions were ready for new office space, new retail buildings, new medical office and new multi-family housing. This award-winning project also gave residents, workers and visitors Edina's signature park, Centennial Lakes Park, 25 acres filled with popular trails, putting courses, summer lawn games, paddle boats and the Twin Cities' most picturesque outdoor ice skating in winter.
This district was established to attract new commercial and residential investment to underutilized industrial parcels in this long established commercial node. The City and Housing & Redevelopment Authority assembled land that was then redeveloped and transformed into a new Class A office building, condominiums, public park, Hennepin County library branch and Edina Senior Center. Several wayfinding improvements also were constructed in the area.
These districts were created to pursue investment and improvements in these areas but were shut down early due to lack of private investment.
- 44th & France
- 70th & Cahill
- Wooddale & Valley View