CONTRACTAWARDED

City of Fridley Awards Construction Contract to River Edge Bc Owner LP (January 2026)

City of Fridley logoCity of Fridley
Disclosed value
Not to exceed $4,232,000 (principal of TIF Note)
From agenda
Awarded
Jan 8, 2026
Renews
Free account

The 30-second brief

What it covers

The Housing and Redevelopment Authority awarded a private redevelopment contract exceeding $4.2 million (pay-as-you-go TIF note) to River Edge BC Owner, LP to remediate and redevelop 7350 Commerce Lane through 2040. The project includes major site and public improvements as well as construction of a 250,000 sq ft warehouse.

Who holds it

River Edge Bc Owner LP holds this construction contract with City of Fridley.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Fridley contract.

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Contract details

Contract type
Construction
Amount
Not to exceed $4,232,000 (principal of TIF Note)
Document date
January 8, 2026
Term
Approximately January 2026 – February 1, 2040
Renews
Free account
Source document
Housing and Redevelopment Authority Agenda January 2026 (Agenda)

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Questions about this contract

Who was awarded the construction contract by City of Fridley?

River Edge Bc Owner LP was awarded this construction contract by City of Fridley, as recorded on January 8, 2026. The contract value is Not to exceed $4,232,000 (principal of TIF Note).

How much is the River Edge Bc Owner LP contract with City of Fridley worth?

The River Edge Bc Owner LP contract with City of Fridley is valued at Not to exceed $4,232,000 (principal of TIF Note), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Housing and Redevelopment Authority Agenda January 2026 (Agenda), dated January 8, 2026 from City of Fridley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does River Edge Bc Owner LP hold?

River Edge Bc Owner LP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Fridley currently buying?

Explore City of Fridley's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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