Developer buys land for $100 million outlet mall in Eagan

  • Article by: Janet Moore , Star Tribune
  • Updated: May 7, 2013 - 9:39 PM

The developer plans to build a 100-store center less than 10 miles from Mall of America.

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marathongirlMay. 8, 13 9:23 AM

"Baltimore-based Paragon Outlet Partners paid $5.8 million for 29 acres of city-owned land associated with the project, part of an overall $14.7 million deal with Eagan that includes the relocation of streets and utility lines, as well as a contribution toward a parking garage near the mall, said Jon Hohenstein, Eagan’s director of community development." - OK now, come on, get up in arms...once again not real good information here but 29 acres from the city for $5.8M sounds like a really good deal and they have a $14.7M deal with Eagan, presumably that is Eagan city costs to redo streets and utilities for the company that isn't based in MN. How much is the state going to be contributing as well I wonder?

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gtcuw1May. 8, 13 1:58 PM

Less than 10 miles from the MOA or 3.5 miles

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