City of St. Charles Council Meeting Agenda March 10, 2026
City Approves Predevelopment Agreement with MarketPointe for Hotel Project
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Description
The St. Charles City Council approved a predevelopment and early access agreement with MarketPointe, giving the developer six months of exclusive rights to evaluate and advance plans for a GrandStay hotel project.
Contract Details
Vendor
MARKETPOINTE
Agency
City of St. Charles, MN
Contract Type
OTHER
Document Date
March 8, 2026
Contract Term
Six months exclusive predevelopment period
Renewal Date
2026-08-24
Renewal Info
Exclusive right to proceed for six months; further agreements contingent on completion of due diligence.
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