Minneapolis seeks proposals for nine downtown parking ramps
The City of Minneapolis has issued a Request for Proposals to purchase one or more of nine City-owned parking ramps in and near downtown. Selling the ramps to private companies and developers will provide the City with an opportunity to bring in revenue from the sales and may encourage redevelopment at the ramp sites.
The nine ramps are part of Minneapolis’ Municipal Parking System, which includes 24 parking ramps and eight parking lots, for a total of more than 28,500 parking spaces. The future parking and redevelopment potential varies for each of the nine ramps offered for sale. The City will consider proposals to buy one or more ramps to continue as parking or as part of a larger development proposal.
To view the RFP, visit the Parking RFP website. A pre-proposal conference is scheduled for Monday, Aug. 21 at 1:15 at the Minneapolis Central Library; details are available on the RFP website . Proposals are due Oct. 19, 2006. Proposals will be evaluated based on whether the proposal will have a positive financial impact on the City and whether redevelopment proposals fit with City land use, parking and development plans.
Ramps for sale:
St. Anthony Ramp, 210 Second Ave. SE, 901 spaces above ground, constructed in 1980
Loring Ramp, 1330 Nicollet Mall, 750 spaces above ground, constructed in 1980
Gateway Ramp, 400 Third St. S., 1,397 spaces above ground; constructed in 1983
Seven Corners Ramp, 1504 Washington Ave. S., 796 spaces above ground; constructed in 1983-84
Centre Village Ramp, 700 Fifth Ave. S., 700 spaces above and 485 spaces below ground, constructed in 1983-84
Courthouse Ramp, 333 Third Ave. S., 290 spaces below ground; constructed in 1997
Downtown East Ramp, 425 Park Ave. S., 455 spaces below ground, constructed in 2002
Riverfront Parking Ramp, 212 Ninth Ave. S., 396 spaces below ground, 591 spaces above ground, opened in 2005
Mill Quarter Ramp, 711 Second St. S., 324 spaces above ground, opened in 2005
August 1, 2006
Published Aug. 1, 2006