City Council approves Lake and Nicollet Redevelopment Plan
Today, the Minneapolis City Council and Mayor Betsy Hodges approved the Lake and Nicollet Redevelopment Plan, aimed at facilitating improvements around Lake Street and Nicollet Avenue in south Minneapolis. Along with establishing the project’s boundaries, the plan also addresses the re-opening of Nicollet Avenue at Lake Street and the revitalization of the commercial area. It establishes objectives for the redevelopment of the area, describes land uses, and identifies properties that may be acquired by the City as part of the process.
Nicollet Avenue was closed and between 29th Street and Lake Street in the late 1970s so two city blocks could be joined together to make way for a retail development. With that change, a significant connection was lost. Reconnecting Nicollet Avenue has been a priority for the City for many years, and would improve the neighborhood and create better transportation connections.
While the Redevelopment Plan describes activities which the City may undertake, it does not provide funding for those activities. Funding decisions would be made by the City Council at a later time and through a separate process.
For more information on reopening Nicollet Avenue at Lake Street, go www.minneapolismn.gov/news/special/NicolletandLake.
Published Apr 25, 2014