Cottage Grove EDA 11-10-26

The Cottage Grove Economic Development Authority (EDA) meeting on November 10, 2026, received a community development update covering ongoing private construction and redevelopment, including Hadley Ridge Apartments, the Cedarhurst mansion, Van Meter’s expansion, and the intermediate-zone water treatment plant. The update also noted the opening of the Rolling Chapters small business and continuing interior work at several other sites; no related procurement actions were reported.

The EDA approved two motions authorizing its president and the city administrator to execute amendments to purchase agreements for approximately 13 acres at 100th Street and Jamaica Avenue, intended for a 165,000-square-foot Trade Home Shoes facility. Both amendments extend the due diligence period to February 22, 2027—one with WG Farms, the current landowner, and one with Trade Home Shoes. The developer will deposit an additional $10,000 in earnest money, which becomes nonrefundable and will be applied to the purchase price if the transaction closes.