Opportunity Zone

Block 25

Willmar City Council approves contamination cleanup grant application for Block 25 Lofts project

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, […]

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Willmar Ren Zone

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

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The Willmar Opportunity Zone area by Jared Eischen Cinematography

Recently Released Willmar Opportunity Zone Prospectus Promotes Local Investment Potential

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.

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WillmarRenaissanceZone

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

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Jared Eischens Photography - Drone of Willmar Downtown

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

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Opportunity Zone Willmar MN Hwy 12

Kandiyohi County and City of Willmar EDC seeks investors for redevelopment projects in Willmar Opportunity Zone

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

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