‘Neighborhood News’ Archives
September in East and Midtown Phillips
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Mayor Cancelled Meeting for Monday August 25th on Weekend of 23-24
Statement from EPNI Over this weekend, the Mayor’s office canceled a meeting with EPNI scheduled for Monday, August 25th, to discuss an amendment to the purchase agreement for the Roof Depot site, which EPNI proposed on June 27th. “It’s deeply disappointing given we are a mere three weeks away from the original closing date in the purchase agreement,” said Karen Clark, former State Legislator and EPNI board member, “After waiting two long months for a response, we were looking forward to finally hearing the Mayor’s intentions around the future of the Roof Depot site.” Two years ago, EPNI agreed to a purchase price of $15.9 million for the Roof Depot site, four times higher than the site’s appraised value of $3.7 million. At the time, the State Legislature committed to subsidizing $12.2 million of that price and EPNI was asked to secure $3.7 million, which EPNI did. The state agreed to subsidize that purchase, and pay back money that the city [...]
EPNI invites city government to accept $10.2 million deal for Roof Depot purchase
By JOE KYLE On August 12th, the East Phillips Neighborhood Institute (EPNI) held a press conference with Little Earth neighbors and community partners to encourage the government of Minneapolis to accept an offer from EPNI to purchase the Roof Depot site for $10.2 million in order to allow for EPNI and its investors to immediately begin constructing an urban farm, which will serve the community as a source of affordable and nutritious food, jobs, education, and affordable renewable energy. EPNI and Minneapolis had initially reached an agreement in 2023 for EPNI to purchase the Roof Depot site for a total of $15.9 million by the closing date of September 15th, 2025, with the understanding that the state government of Minnesota would subsidize $12.2 million of the purchase price. In 2023, the State did allocate $6.5 million, but due to federal funding cuts this year, the state failed to deliver the remaining $5.7 million this year. As noted by EPNI Communications [...]
