Community Planning & Economic Development

Phone: (612) 673-5095
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50th and France Avenue

The 50th and France retail project was completed in the spring of 2001. France Partners, LLC built a two-story building with offices on the upper level and retail on the ground floor. The project has underground and surface parking. A gas station, two office buildings, and one house were demolished to make way for the development.

Developer:  

France Partners, LLC

City Investment: 

Pay-As-You-Go Tax-Increment Financing, which places the financial burden on the developer, and not the City of Minneapolis

Financing:  

$1.8 million Pay-As-You-Go TIF

 

$400,000 Net Debt Funds for public improvements.

Total Development Cost: 

Approximately $5-6 million

Site size: 

43,000 square feet; 41,000 square feet of retail/office

Parking:

84 underground spaces; 45 surface

Construction Start: 

2000

Completion Date: 

2001

Contact:

CPED Project Coordinator Judy Cedar (612) 673-5025.

Information subject to change.

December 2001

Last updated Oct. 28, 2011