When real estate professionals talk about the 50th and France area as being a regional destination, they mean it—and a recent decision by the Edina City Council shows just how much of a draw it is.
According to the Star Tribune, the city plans to tear down the Edina Realty building at 3930 West 49½ Street, and build a new parking ramp in its place.
The ramp would be the third such structure on that block 49½ Street. The new ramp would add over 100 new spaces, after business owners complained that the number of parking stalls wasn't up to snuff, and the city's own plans showing it falling short of its parking targets by over 100 spaces.
The Star Tribune did not say whether Edina had considered using mass transit to reduce the demand for parking spaces.
The city may also add commercial space below the parking structure, and construction could start as early as the fall.