senior housing

Bethesda proposes $16 million facility in New London

April 6, 2019

Bethesda proposes $16 million facility in New London
After meeting with representatives of nonprofit senior living organization Bethesda, of Willmar, the City of New London passed a resolution Wednesday evening calling for a public hearing to establish a TIF (tax increment financing) District. This TIF District would allow Bethesda to construct a $16 million senior and assisted living facility in New London near Peterson Parkway. Although the project is still in its preliminary design phase, Bethesda plans to create a 72-unit, 95,000 foot facility