Amazon to Take Over Portion of Thomson Reuters’ Former Eagan Campus
Seattle-based e-commerce giant Amazon is moving into a portion of Thomson Reuters’ former campus in Eagan.
An electronic certificate of real estate value submitted to the Minnesota Department of Revenue on Feb. 12 shows that Amazon spent over $52 million to purchase 95 acres of the campus. In total, Amazon is purchasing three parcels.
The Eagan property, which spans over 263 acres, had long belonged to Toronto-based legal and financial services firm Thomson Reuters. But things began to shift in 2023, when the company announced plans to put 179 acres of the campus for sale. A buyer would come in the form of Minneapolis-based Ryan Cos., which announced in February 2024 that it had lined up a deal to purchase that 179-acre plot. The deal was finalized in December 2024, a Ryan Cos. spokesperson said in an email.
An Amazon spokesperson confirmed the purchase of the property but declined to share specific details on the retailer’s plans.
“Plans for this piece of property are in the very early stages,” the spokesperson said. “We look forward to sharing more in the future.”
The Feb. 12 certificate of real estate value said that the property’s “planned use” is for “warehouse/distribution.” That lines up with a portion of a master plan passed by the Eagan City Council in November 2024, Finance & Commerce reported late last week. The plan, referred to as “Project Nova” in city planning documents, includes a proposal for 1,274 parking spaces, 428 trailer parking stalls, and 56 loading docks, according to the newspaper. Separately, Lennar Corp. has purchased a nearby site and is planning a 104-unit townhome development there, according to Finance & Commerce.
