FARGO — The Fargo Park Board facilities committee is recommending that its board of commissioners reject three offers to buy 16.7 acres in Anderson Park and consider rezoning the property to accommodate potential businesses and apartments.
At a meeting Wednesday, Aug. 28, committee members made it clear that there are no immediate, concrete plans for the park's prime real estate along 45th Street South near the Red River Zoo. Three proposals submitted to the park district to develop the property were well below the estimated value of more than $8 million.
The highest offer was $4.5 million from Cityscapes Development, followed by $3.3 million from Property Resources Group and $2.5 million from Enclave Development. All developers had a chance to revise their offers, and only Cityscapes and Enclave followed up with offers of $3.5 million and $3.3 million, respectively.
Dave Leker, interim executive director of the park district, suggested dividing the acreage so commercial property could be developed near the frontage road with the remaining back portion potentially used for park space or multi-family housing.
If the board of commissioners approves going ahead with rezoning, the park district would work through the winter on rezoning the property — now zoned as general commercial — to accommodate more alternatives before seeking bids again, Leker said.
The parcel consists of four baseball fields and a gravel parking lot. To the east, there are eight baseball fields closer to 42nd Street South that will not be affected by the potential sale.
Park board commissioners will discuss Anderson Park at their upcoming meeting Tuesday, Sept. 10.