City of Falcon Heights Council Meeting Agenda April 2026
Velair Enters Purchase Agreement For Fairway Commons Site
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Description
Velair Development Company has entered into a purchase agreement with Buhl Larpenteur West LLC to acquire two lots at 1644 Larpenteur Avenue West for the planned Fairway Commons senior housing development. The acquisition is contingent on city approvals of an amended planned unit development.
Contract Details
Vendor
VELAIR DEVELOPMENT COMPANY
Agency
City of Falcon Heights, MN
Contract Type
OTHER
Document Date
April 19, 2026
Renewal Info
Real estate purchase agreement for specific parcels; renewal is not applicable, and closing will occur upon satisfaction of contingencies.
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