AN EXCITING TIME FOR DOWNTOWN ST. CLOUD

The revitalization momentum is building

Sixteen projects have been awarded funds from that grant to date, resulting in more than $14 million in private investment, several already underway or complete.

Six months prior to the summit, the Initiative Foundation was awarded funds from the MN Department of Employment and Economic Development (DEED) for the Main Street Revitalization Program. $1.5 million of that was earmarked for St. Cloud on a matching basis for projects that offered substantial renovation of vacant space, expansion and new construction downtown. Those applying for the funds, facilitated by the City’s Economic Development Authority, had a minimum match requirement of seventy percent.

Sixteen projects have been awarded funds from that grant to date, resulting in more than $14 million in private investment, several already underway or complete. In addition to Exterior Improvement Program sponsored by the City’s Economic Development Authority, the difference is already noticeable. From a new awning at Dolcie’s downtown to Harvester Square Event Center on the city’s east side. More than a dozen new restaurants and stores filling vacant spaces, along with upgraded facades, provide visible beautification throughout downtown.

But the Mayor hasn’t stopped there. The need for investment in underlying infrastructure to further connect downtown walkability will be needed.

This is the basis for the $100 million bonding request that has been submitted to the State. The vision for this money is to connect the downtown over Highway 23 to Lake George, the railroad tracks on the northside, and the glorious Mississippi River. It would provide the funding to overhaul older buildings that require substantial renovation to make them usable in today’s modern environment. Should this funding come to fruition, imagine a vibrant, safe area that has the ability to attract and retain young professionals to live and work downtown and enjoy the beautiful assets that already exist.

The vitality that once existed in downtown St. Cloud is on the precipice again with dedicated individuals working to find the funding and the willing participants to bring this vision to fruition. It truly is an exciting time for downtown St. Cloud. •

Interested? To explore development & redevelopment opportunities in St. Cloud, please contact Cathy Mehelich or Mayor Dave Kleis

Cathy: 320-255-7200

Dave: 320.255.7201

• Cathy.Mehelich@ci.stcloud.mn.us

• Dave.kleis@ci.stcloud.mn.us