$17M Axis Lofts project gets city OK
MANKATO — The city of Mankato is joining MnDOT and North Mankato in investing in the Highway 169 corridor that serves as a major entrance into the community from the
Source: mankatofreepress.com
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Willmar council, in split votes, OKs rezoning, tax increment financing to move apartment project forward
Willmar City Council on Monday approved both rezoning the land and creating a tax increment financing district for the project.
Source: wctrib.com
Council action needed soon for proposed northeast Willmar apartment project as financial deadline looms
At Monday’s Willmar City Council meeting, the proposed Lakeland Drive Northeast project was nearly derailed by the possibility of not holding the public hearing for creation of a tax increment financing district. The council later agreed to conduct the hearing as a delay would have made the project financially unfeasible for the developer. He has financing with a locked-in interest rate, but the project needs to begin this fall.
Source: wctrib.com