Mankato awarded $33,908 for redevelopment project Mankato awarded $33,908 for redevelopment project By KEYC Staff | January 20, 2021 at 6:45 AM CST - Updated January 20 at 9:36 PM MANKATO, Minn. (KEYC) - Big change could be coming to downtown Mankato in the form of a new grocery store, restaurant and apartment complex. The City of Mankato was awarded a nearly $34,000 state grant to investigate the nearly 7-acre site where the current Riverfront Hy-Vee is located. This grant is from the Minnesota Department of Employment and Economic Development and it allows the City to clean and check the site’s soil for possible contaminants ahead of construction.