Star Tribune Sat, 02 Feb 2008 05:17:56 GMT
Developer walks away from deal for Burnsville office complex
The City Council is exploring plans to build a parking ramp now that Anderson Builders is out of the Heart of the City. The Burnsville City Council on Friday agreed to let a developer cancel a deal to build a $20 million office complex and parking deck on nearly 5 acres in the Heart of the City redevelopment. It also advised staff to investigate how the city itself could build the parking deck with 200 to 250 spaces to be used by downtown businesses, which are begging for more parking space, and the Performing Arts Center, which is under construction. ... Echoing what many believe is the real reason, Mayor Elizabeth Kautz said: "It's the economy." In an interview, Greg Anderson, president of Anderson Builders of St. Louis Park, would say only that his firm was withdrawing because of title issues and time constraints. Attorneys advised the council to return Anderson Builder's $50,000 earnest money as requested or face the threat of a lawsuit and legal costs. "It pains me to do so," said Council Member Liz Workman.
[[keywords: LandUse;Metro;]]
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