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Sale of 140.9 acres in Falcon Heights, MN (University of Minnesota Golf Course

ID: 10044.100925.ks ) • State: Minnesota
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Description

Background
The University of Minnesota is seeking proposals for the purchase of the Les Bolstad Golf Course property, located in Falcon Heights, MN. The University has operated this golf course since the 1920s and has determined that selling the property aligns with its best interests.

The sale presents an opportunity for redevelopment that can enhance the community while maximizing financial returns for the University. The City of Falcon Heights is collaborating with the University to ensure that any development aligns with community goals and principles.

Work Details
The property encompasses approximately 140.9 acres, divided into 124 acres north of Larpenteur Avenue and 16 acres south of it. The current use of the land is as an 18-hole golf course and driving range. The University may negotiate to exclude the driving range from the sale.

The selected developer will be expected to adhere to guiding principles established by the City, which include connectivity, sustainability, green space preservation, a diverse housing mix, fiscal responsibility, and appropriate commercial uses. Developers must also consider environmental assessments and infrastructure improvements as part of their proposal.

Period of Performance
The RFP process began on October 15, 2025, with a submission deadline set for December 18, 2025. Following selection, negotiations with potential developers will occur in early 2026, leading to a final agreement based on proposed closing dates.

Place of Performance
The contract will be performed at the Les Bolstad Golf Course site located at approximately 2275 Larpenteur Avenue West, St. Paul, Minnesota.

Bidder Requirements
Bidders must demonstrate financial capacity and experience in residential development projects of similar scale (50 acres or larger). They are required to submit a comprehensive financial proposal that includes three scenarios based on different land use strategies. Additionally, bidders should accept or propose modifications to the draft Purchase and Sale Agreement provided by the University.
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Overview

Opportunity Type
For Sales
Opportunity ID
10044.100925.ks )
Response Deadline
Dec. 18, 2025 Past Due
Date Posted
Oct. 15, 2025
Source

Est. Value Range
Experimental
$5,000,000 - $15,000,000 (AI estimate)
Agency Distribution
High
On 10/15/25 University of Minnesota in Minnesota issued For Sales Sale of 140.9 acres in Falcon Heights, MN (University of Minnesota Golf Course) with ID 10044.100925.ks ) due 12/18/25.

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Documents

Posted documents for Sale of 140.9 acres in Falcon Heights, MN (University of Minnesota Golf Course

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