Renaissance Zone

Willmar’s Renaissance Zone to encourage investment is a go after council approval

May 20, 2020

Willmar’s Renaissance Zone to encourage investment is a go after council approval
WILLMAR — The Renaissance has arrived in downtown Willmar. With the Willmar City Council approval of the zoning ordinance establishing the Renaissance Zone District, economic development professionals hope it will usher in an era of rebirth for the zone, including new commercial and residential projects. “We are hoping this new overlay will encourage investment and activity in the area,” said Dave Ramstad, Willmar Planning and Development director, at the May 4 meeting of the Willmar

Interest grows in Willmar Renaissance Zone

February 27, 2020

Interest grows in Willmar Renaissance Zone
WILLMAR—Even though the Willmar Renaissance Zone is still in the planning and vetting process, word has already begun to spread amongst interested parties and developers. “We’ve had a lot of great feedback and a lot of great interest in the zone,” Willmar Planning and Community Development Director Dave Ramstad recently told members of the Willmar Planning Commission. The proposed zone would provide a host of economic development incentives to draw developers to the area and perhaps

City planning for a revival of downtown Willmar with a proposed Renaissance Zone

January 15, 2020

City planning for a revival of downtown Willmar with a proposed Renaissance Zone
WILLMAR—While it is not exactly the dark ages in downtown Willmar, home to many successful businesses and low vacancy rates, there is also plenty of opportunity for development, whether it is upgrading an older building or constructing a project from the ground up. The area is already part of Willmar’s only Opportunity Zone, which provides capital gains tax breaks for those who invest in eligible projects. In an effort to bring even more development to the area and open it up to a larger