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Pentagon Village TIF Redevelopment Agreement ongoing since 2018

City of Edina logoCity of Edina
Disclosed value
$18,100,000
From report
Document date
Feb 27, 2025
Term
October 2018 – ongoing

The 30-second brief

What it covers

Hillcrest Properties and Solomon Real Estate dba Pentagon Village LLC hold an $18.1 million TIF Redevelopment Agreement initiated in 2018, with multiple amendments to extend development schedules through 2024.

Who holds it

NA holds this redevelopment agreement contract with City of Edina. Its other public contracts on record include work for Town of Ticonderoga and City of Eagan.

What happens next

Term as filed: October 2018 – ongoing.

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Contract details

Contract type
Redevelopment Agreement
Amount
$18,100,000
Document date
February 27, 2025
Term
October 2018 – ongoing
Vendor
NA
Agency
City of Edina
Source document
city-of-edina-staff-report-pentagon-village-progress-update_7da.pdf (Report)

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Questions about this contract

Who was awarded the redevelopment agreement contract by City of Edina?

NA was awarded this redevelopment agreement contract by City of Edina, as recorded on February 27, 2025. The contract value is $18,100,000.

How much is the NA contract with City of Edina worth?

The NA contract with City of Edina is valued at $18,100,000, covering redevelopment agreement work.

What type of contract is this?

This is a Redevelopment Agreement contract, documented as a report record.

Where was this contract approved?

This contract appears in city-of-edina-staff-report-pentagon-village-progress-update_7da.pdf (Report), dated February 27, 2025 from City of Edina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does NA hold?

NA 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 Edina currently buying?

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

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