Business Wants 100,000 Square Feet of Office Space at Central Village Lot

An unnamed business is interested in moving into a vacant site in in Apple Valley’s Central Village. The company would like to lease a 100,000 square-foot office building there if the city can partner with a developer to construct a two-story office building, the Star Tribune is reporting.

The city's planning staff is looking to hand over three tax-forfeit parcels of land to a developer for $1.2 million. The planners told the paper that the company—a “global business services provider”—wants major property improvements from the developer.

The Star Tribune has more about the status of the deal:

In a bid to move the effort forward, the Metropolitan Council’s Committee Development Committee last week approved the city’s request to switch an $866,000 transit-oriented development grant awarded in 2011 to revamp the Commons I & II office buildings to the Central Village West site, a third of a mile from the Apple Valley Transit Station on the Cedar Avenue “Red Line” bus rapid transit route.

The city had hoped to lure Stream Global Services to the Commons I & II buildings, which are near the 147th Street Station, but the firm last year opted instead for office space in Eagan.

Apple Valley Community Development Director Bruce Nordquist said the talks with the developer are “prospective,” with nothing official to report, but, he added, “We believe that site can support 100,000 square feet of development with structured parking.”