Bassett Creek Valley 2010 Update Information

The Minneapolis City Council will be considering a staff report in March granting Ryan Companies exclusive development rights on Linden Yards West and related topics. Considerable research has been done in the past year regarding the potential relocation of public works operations from the Impound Lot and Linden Yards, case study examples of potential alternative sites with cost estimates, and the independent appraisal of fair market value for the city owned land. For more information, contact Beth Grosen, Sr. Project Coordinator at (612) 673-5002.

Public Works Relocation Study

Prepared by Minneapolis Dept of Public Works
A comprehensive analysis was completed in 2009 to study the potential relocation of Public Works operations at the Impound Lot and Linden Yards to facilitate redevelopment in Bassett Creek Valley. 

Cover and Index
Executive Summary

Impound Lot

Linden Yards

2001 Operational Analysis

General Impound Program Requirements

Police Impound and Forensics Garage Program Requirements

Linden Yards Inventory Report

Linden Yards Program Requirements

Designated Truck Routes

Relocation Case Study Site Options

Prepared by Ryan Companies

Five sites were identified following collaboration from planning staff. The sites selected for study were a) currently zoned industrial, b) not designated for another future land use, and c) not in an area identified for higher level industrial uses and job creation. Ease of access to the sites was also considered. As the City is not currently in the position to acquire alternative property, the search was not exhaustive. The primary purpose of the study was to assess potential costs. Any final plans would require approval by the Planning Commission.

Sites Evaluated for PW Relocation Study
Pricing Summary Matrix

Property Acquisition Costs for the Sites

St Anthony Impound or Storage Site Map

St Anthony Impound Lot cost estimate

Police Holds & Forensics Site Map

Police Holds & Forensics cost estimate

St Anthony Storage cost estimate

North Storage Site Map

North Storage cost estimate

South Storage Site Map

South Storage cost estimate

Concrete Crushing Site Map

Concrete Crushing Cost Comparison

Appraisal of City-owned Land

Prepared by Thomas Day, Valuation Group

An appraisal was prepared in August 2009 based on Ryan’s proposed redevelopment plan including office and housing development phased between 2011-2020. Revised value conclusions were provided on October 1, 2009 based on updated infrastructure development costs provided by SEH (Ryan’s engineering firm) following independent review by TKDA (City’s consultant).

Updated final appraisal report letter of Oct 1, 2009
Part 1 of original report (8-09)

Part 2 of original report (8-09)

Part 3 of original report (8-09)

Parcel map showing Linden Yards West, Linden Yards East, western portion of Impound Lot

Council Staff Reports with exhibits

PowerPoint Summary of Issues & Recommendations

Staff Report (To be released March 19, 2010)

Phased Development Scenarios (2010-2020 and beyond)

Online information from the City of Minneapolis at MinneapolisMN.gov/CPED

Last updated Sep 27, 2011