edina minnesota

Edina…for living, learning, raising families & doing business

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Fast Facts and Figures

• Founded: 1860’s (Incorporated: 1888)• Head Official: James B. Hovland• City Population: 47,570 (2002)• Area: 16.0 square miles• Elevation: 922 feet above sea level• County: Hennepin County• Median Income: $79,470

About the City

• Edina is a first-ring suburban city in Hennepin County, State of Minnesota. Most of the original residents of Edina were Scottish and Irish immigrants and some have remained to see their city grow into a community that offers one of the best living conditions for its residents.

• With 39 parks, high quality medical and educational facilities and regional shopping areas, Edina has indeed become a city to watch out for.

History• Edina used to be part of the City of Richfield in Minnesota

in the 1850s after the original 17 family settlers migrated to the Richfield Village due to Ireland’s potato famine. The English and Scottish farmers followed and established a community along the Minnehaha Creek.

• Edina was born after the residents decided to separate from Richfield Village in 1888 and establish a new village. Among the names that were floated around include Westfield and Hennepin Park but it was Edina which was chosen by the villagers.

Economy• Money is circulating in Edina and if you are planning on

corporate relocation or employee relocation or just plain vacation then you would not be disappointed with Edina’s commercial establishments. This is shopper’s destination and if you happen to pass by here do not miss Southdale Center, a fully-enclosed. Climate-controlled shopping mall considered a first in the United States.

• Alcoholic drinks are controlled in Edina and these items are sold only in municipal liquor stores in Southdale, Vermon & Interlachen Blvd and 50th & France. Nowhere else can you find this commodity in Edina.

Real Estate• One of the set-offs when living in a rich city like Edina is the ever

increasing cost of living particularly the sky-rocketing housing costs. The average price of houses for sale in Edina has increased by $185,000 from only $215,000 in 1997 to $400,000 in 2004.

• Corporate relocation is now becoming a trend in Edina. If you belong to the high-income bracket employees and your company offers you a relocation package in Edina which includes a condominium, duplex or a new home then make sure you know about the real state of real estate in Edina by consulting a real estate agent.

Real Estate• To solve the growing disparity problem, the Edina

Affordable Housing Taskforce has released a set of recommendations for affordable housing in Edina. The community has participated in the consultation and the results of the study will be used to jumpstart a plan for affordable housing in the community.

Despite the growing concern for expensive housing in Edina and a median rent rate of $654, the city only has a 5% vacancy rate. Majority of the 29,669 housing units or 76% 916,072) are occupied by the owners.

EducationPublic Schools• Most of Edina is in Independent School District (ISD) 273, which serves

children primarily from Edina.

• Edina High School is often listed in the top 100 schools in the United States in academics (most recently in Newsweek, 2007). Additionally, EHS has been listed in the top 10 in sports (number 8 in a Sports Illustrated review of over 30,000 schools), the top 15 in debate, the top 40 in music, and has won national awards in writing and other areas.

• A recent study showed that 100% of EHS students graduate, that 96% of EHS grads go to college and that 85% of Edina High School graduates completed college within 5 yrs after high school graduation.

Private Schools• There are three private schools in Edina. Our Lady of

Grace (OLG), which is a Catholic school that serves students from kindergarten through eighth grade, St. Peters Lutheran School, and Calvin Christian School.

Colleges• Cardinal Stritch University, Devry University, Minnesota

State University, Mankato education site, Minnesota School of Business,Broadview Institute and the Keller Graduate School of Management are located in Edina.

Education

Attractions• Edina's parkland and open space totals more than

1,550 acres. The Edina Park and Recreation Department oversees 44 parks, which include amenities such as baseball, football and soccer fields; softball diamonds; basketball and tennis courts; outdoor skating rinks; playground equipment for young children; and picnic shelters.

• The Department also maintains eight miles of scenic pathways for bicycling, walking, jogging, skiing and snowshoeing.

Attractions

• Their best parks include the Centennial Lakes Park, Edinborough Park and the Arneson Acres Park.

• Edina also offers other places for recreation such as the Edina Aquatic Center, Art Center and the Fred Richards Golf Course.

John MazzaraRE/MAXAssociates Plus

7300 France Ave SSuite 410

Edina, MN 55435952-929-2577

[email protected]://www.MinneapolisStPaulHomes.com

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