Ramsey County officials believe the time is finally right to buy, clean up and develop one of the metro area's largest remaining parcels of undeveloped land.
And they may have the Minnesota Vikings to thank for it.
The County Board approved a $28.5 million deal Tuesday to buy the 430-acre Twin Cities Army Ammunition Plant (TCAAP) site from the federal government and finish cleaning the last 30 acres of solvent-heavy soil -- a task that will account for $22.6 million of the county's cost.
The TCAAP site, Minnesota's biggest Superfund site and the county's largest undeveloped tract, has seen development dreams raised and dashed before.
Ryan Companies backed out of a massive redevelopment in 2009, just as the economy was bottoming out.
The Vikings last year badly wanted to build a stadium there. But when funding stalled, the team won state approval for a public-private partnership to rebuild in downtown Minneapolis.
Officials said that the scrutiny and spotlight drawn to the TCAAP site by the Vikings' interest was so great that they couldn't afford to lose it.
They also said they believe that by the time the site is cleared and cleaned, the market will again be ready for ambitous development. The county is doing a study now to see how quickly the market can absorb the site.