City of Maple Grove Agenda 2026-06-01
Developer’s Agreement Approved for Arbor Ridge Business Center
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Description
The City of Maple Grove executed a developer's agreement with Arbor Ridge BC Development, LLC for the Arbor Ridge Business Center. The agreement involves a special assessment, required surety and completion of public improvements.
Contract Details
Contract Amount
Special assessment up to $1,999,891.69; surety of $695,000 required; park dedication $51,465
Vendor
ARBOR RIDGE BC DEVELOPMENT LLC
Agency
City of Maple Grove, MN
Contract Type
CONSTRUCTION
Document Date
June 1, 2026
Renewal Info
Agreement includes provisions for surety reduction/release and payment of assessments; no stated auto-renewal.
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Maple Grove City Council Minutes 2026-05-18
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