Minneapolis park officials are planning to vote Wednesday on adding another key upper riverfront parcel to their holdings, the first since the Park Board adopted the RiverFirst 20-year plan for developing parks.
The proposed $1.37 million purchase of 1720 NE Marshall St. would add 354 feet of riverfront and an area about one and one-third football fields in size. The former factory property is the largest located in a strip alongside the river between the BNSF Railway bridge and Psycho Suzi's Motor Lodge.A 20-year plan adopted by the Minneapolis Park and Recreation Board in March calls for developing a Northeast Riverfront Park between the bridge and the existing Marshall Terrace Park. The land would become part of a proposed riverfront trail system.According to a staff memo, the Park Board plans to finance the purchase from its riverfront development fund, which has $1.25 million available, and is also seeking funding from the Metropolitan Council and the Mississippi Watershed Management Organization.
