After Minnesota lost its bid Wednesday to host the 2023 World's Fair, Bloomington officials began to turn to the question about what the city might do with the land it had planned to buy for the event.
The city had agreed to the $32.3 million purchase of Spruce Shadows Farm, a 59-acre farm south of the Mall of America, as the main site for Expo 2023.
But delegates from the Bureau International des Expositions (BIE) in Paris decided instead Wednesday on Buenos Aires, Argentina, for the 2023 fair. Coming in second was Lodz, Poland.
Bloomington Mayor Gene Winstead, who was in Paris for the vote, said the city may decide to terminate its purchase agreement with the family that owns the farm. The city has until Nov. 30 to cancel the deal.
The sale "was contingent upon being selected for the Expo," Winstead said. "Since we don't have an immediate development or use for that property, we'll probably let it go back."
The City Council and Port Authority, an economic development arm of the city, will decide what to do at a joint meeting on Nov. 27. If they cancel the purchase, the city likely would lose the $75,000 it put down to hold the property.
Port Authority Administrator Schane Rudlang said the city could still use the farmland for other kinds of development but didn't say what that might be.
"We don't have the Expo now but we do have a lot of things that we were planning to go along with the Expo and after the Expo," he said.