Commercial Development

Willmar Opportunity Zone for Investors

December 19, 2019

Willmar Opportunity Zone for Investors
Governor Mark Dayton qualified one area of Willmar, out of the 128 census tracts throughout the state, to be qualified as an Opportunity Zone. An Opportunity Zone designation provides potential investors with tax breaks while funding development or redevelopment of the neighborhood. The Kandiyohi County and City of Willmar Economic Development Commission contracted with Golden Shovel Agency to attract investors. The ultimate goal is to develop or redevelop areas within the designated tract through