Parkway on 5

  • Project typeApproved development

Project updates

September 2026

The variance application was approved by the board of zoning appeals on Sept. 2, 2026.


Project background 

Following the plat and variance approvals for the apartment concept, the applicant determined the apartment project was not feasible and decided to take an alternative approach to the site with a 14-unit townhome development. The applicant has requested a variance to the required front and rear yard setback for second-story porches. 

City council approved preliminary and final plat and variance applications for the redevelopment of 5430 Minnetonka Blvd. on Feb. 2, 2026.

Sela Investments applied for a preliminary and final plat for the redevelopment of 5430 Minnetonka Blvd. located at the northwest corner of Minnetonka Blvd. and Highway 100. The proposed project consisted of a three-story, 33-unit apartment building with a mix of underground and surface parking and a public trail to the east of the site within the Minnesota Department of Transportation's right-of-way. The variance request reduced the required front yard setback for the underground parking garage.

Public meetings

  • Jan. 7, 2026 – The applicant held a neighborhood meeting for residents to learn about the project, ask questions and share comments. Approximately 14 residents attended. No one expressed opposition to the project.
  • Jan. 21, 2026 – Planning commission held a public hearing for the application and voted to recommend approval of the motions with a 7-0 vote.
  • Feb. 2, 2026 – City council approved the requested applications with a 5-0 vote (two council members were absent).
  • Aug. 25, 2026 – The developer held a neighborhood meeting about the proposed townhome development from 6-7 pm in the community room at city hall. 
  • Sept. 2, 2026 – The board of zoning appeals held a public hearing for the variance request and approved the request with a 7-0 vote.  

Resources and documents

Location

5430 Minnetonka Blvd., St. Louis Park, MN 55416  View Map