Cleanup is needed on a downtown Willmar lot slated to be the home of an apartment complex, including petroleum, a fuel tank leak and solvents used by a former dry cleaning business. Willmar City Council approved being the fiscal agent for a Minnesota Department of Employment and Economic Development contamination cleanup grant for Lumber One, […]
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
Willmar’s Renaissance Zone to encourage investment is a go after council approval Read More »
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
Interest grows in Willmar Renaissance Zone Read More »
Today, Aaron Backman, Executive Director of the Kandiyohi County and City of Willmar Economic Development Commission, announced the release of the Willmar Opportunity Zone Prospectus. The prospectus highlights the designated census tract in Willmar to potential opportunity zone investors and developers. Opportunity Zones are low-income census tracks designated by governors and certified by the U.S.
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
City planning for a revival of downtown Willmar with a proposed Renaissance Zone Read More »
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
Willmar Opportunity Zone for Investors Read More »
Kandiyohi County’s only Opportunity Zone, located around downtown Willmar, provides potential investors with tax breaks while funding development or redevelopment of the neighborhood. The goal of the Opportunity Zone is development or redevelopment, and the Kandiyohi County and City of Willmar Economic Development Commission has contracted with Golden Shovel Agency to attract investors. When
