City looking for development ideas for old factory site

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November 5, 2012 // UPDATED 6:01 pm - January 1, 2013
By: Journal staff
Journal staff

The City of Minneapolis has issued a Request for Proposals (RFP) for the property at 115 5th St. NE, a site formerly home to a mattress factory next to the Calumet Lofts.  

The RFP is a solicitation for developers to submit plans to remake the property into housing and/or commercial space.

The property was forfeited to the State of Minnesota for nonpayment of property taxes in 2011. An earlier plan to redevelop the parcel by Clare Housing, an organization that provides housing for people living with HIV/AIDS, fell through in May. That plan called for redeveloping the site into 22 units of affordable housing. 

Developers had until Oct. 31 to submit proposals for the property.