After decades of planning and acquiring land near the Anoka-Champlin bridge, the city of Champlin last week asked for proposals from developers with ideas on how to build a marina, plaza, restaurant and shops complex, tentatively called Mississippi Crossings.
The city's Economic Development Authority (EDA) has spent more than $12 million since 2000 buying and removing blighted buildings from willing sellers in an area that had been Champlin's business district in the early 1900s, said Deputy City Administrator John Cox. The site was a steamboat landing in the later 1800s.
Cox said the request for proposals (RFP) document "is an important step for us to go out into the market."
He said the city hopes to have a developer's agreement by year's end and to begin construction next spring. The RFP was sent last Friday to more than 60 metro-area commercial Realtors, restaurant owners and developers. The 60-acre Mississippi Crossings site lies mostly east of Hwy. 169 and north of its intersection with West River Road.
Two developers are already expressing interest in the vacant riverfront spot at the top of a six-mile recreational boating pool extending south to the Coon Rapids Dam.
"We hope to reach an agreement with the city by the end of the year," said Ryan Lunderby of Dominium Development, which has rental properties in 19 states. "We have been looking at land along the riverfront."
Dominium, which owns and manages rental buildings in Champlin, would like to buy city-owned land along the river that abuts the proposed village green open space and build more than 150 rental units in four- or five-floor buildings, Lunderby said. The river setting would be attractive to tenants, he said, adding: "We are definitely interested."
The other potential developer is Jordan Leopold, of Champlin, who recently heard about the coming RFP and submitted some rough drawings for city officials to consider.