Greco Development is considering developing a surface parking lot it owns at 729 Washington Ave. N into a building housing 50-60 market-rate apartments, 7,000 to 10,000 square feet of retail and an adjacent parking ramp.
Those plans are very preliminary. First, Greco is applying for a $100,000 grant from Met Council to perform environmental site investigation work to see if the land will need to undergo pollution cleanup. Greco declined to comment on the project.
“Any comments would be pure conjecture at this point,” wrote Greco President Arnie Gregory in an email.