Rich Siegert, speaking for the Edgewater Group, said Tuesday there are no set plans for the development of Nymore Beach and neighboring property.
The Bemidji Economic Development Authority Monday night approved a $650,000 offer from the Edgewater Group to purchase 2.14 acres, including the half-acre Nymore Beach.
The contracts haven't yet been signed, Siegert said, anticipating a fall closing date.
The Edgewater Group will begin considering its options for development.
It has some ideas, but nothing has been decided, he said.
"We'll take a look at what's possible," Siegert said.
City Manager John Chattin Monday night estimated that about one acre of the total land would be developable once setbacks and other zoning requirements are considered.
"It's not the largest piece of real estate, but it's a nice one," Siegert said.
The city will require that Nymore Beach remain a public beach for up to five years or until the new Nymore Beach is completed farther east in the south shore redevelopment area, 141.5 acres that will feature the Bemidji Regional Event Center.
Edgewater Management L.E.C is the legal entity that owns the Hampton Inn & Suites, immediately west of the property for sale. Edgewater Group is a separate legal entity.
But they have common ownership, Siegert explained.
The Nymore Beach property will fit well with the existing Edgewater properties, Siegert acknowledged.
"It will be a nice addition," he said.
Siegert said the public should not expect to see any immediate work in the area, aside from the continuing improvements for the BREC and south shore
"In the meantime, we'll be making plans and doing a lot of talking," he said. "See what the public thinks."