Minneapolis aims to retain public control of Upper Harbor Terminal concert venue
Minneapolis, First Avenue partnership in riverfront project re-examined.
By Susan Du, Star Tribune
July 24, 2021 — 5:25pm
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Minneapolis planners say they have discovered a way to keep public ownership of all the land in a project to redevelop an old Mississippi River port into a residential and commercial hub on the city's North Side.
A draft master plan previously called for the city and Park Board to retain most — but not all — of the 48-acre Upper Harbor Terminal land, with developers paying ground-leasing fees to construct buildings on it. One key parcel of the terminal project was slated to pass into private hands: the polarizing 10,000-seat First Avenue concert venue at the project's core.