Loanapproved

City of Edina Awards $1,500,000 Loan Contract to Lifestyle Communities (August 2025)

The Housing and Redevelopment Authority of Edina is providing Lifestyle Communities, LLC with a forgivable loan of up to $1,500,000 from the SPARC Fund to assist in financing the redevelopment of property located at 7235 France Avenue. The loan will fund qualified project costs expended by December 1, 2026, excluding land acquisition, and is contingent on meeting certain conditions and deadlines, including obtaining a Certificate of Completion by May 1, 2032.

Document date · August 19, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,500,000
Contract type
Loan
Contract term
Until December 1, 2026
Document type
Contract
Source document
city-of-edina-first-amendment-to-redevelopment-agreement_5cd.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the loan contract by City of Edina?

Lifestyle Communities was awarded this loan contract by City of Edina, as recorded on August 19, 2025. The contract value is $1,500,000.

How much is the Lifestyle Communities contract with City of Edina worth?

The Lifestyle Communities contract with City of Edina is valued at $1,500,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a contract record.

Where was this contract approved?

This contract appears in city-of-edina-first-amendment-to-redevelopment-agreement_5cd.pdf (Contract), dated August 19, 2025 from City of Edina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lifestyle Communities hold?

Lifestyle Communities may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Lifestyle Communities's 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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