Reinert Encourages Governor to Approve Funding for Duluth Parking Ramp
DULUTH, Minn. — The Minnesota Department of Employment and Economic Development (DEED) released their evaluations of the 90 applications they received for public works funding from the Capital Project Grant Program. The $47.5 million pot was allocated from this year’s bonding bill to DEED to support local projects around the state.
Ranked highest of the northern Minnesota projects was the City of Duluth’s $10 million request for the construction of a new parking ramp downtown. Governor Mark Dayton has indicated he will make the final funding decisions.
“I strongly encourage Governor Dayton to adopt DEED’s recommendations,” said Senator Roger Reinert. “Each proposal was put through a thorough process, which contained nearly a dozen criteria for consideration, and was clearly not political.”
In June the City of Duluth announced its proposal to build a 15-story building in partnership with AtWater Group LLC. The structure would house both office and retails spaces, and is expected to cost $80 million. The $10 million grant request for the building’s parking ramp construction would cover half of the project’s public commitment.
“The new project would be a significant addition to our western downtown community with having the potential to add millions of dollars of new development to the tax base,” said Senator Reinert. “In addition, the building is expected to create 200 new high-paying permanent professional jobs and approximately 300 construction jobs.”
Senator Reinert went on to say, “I regret that Wade Stadium did not make it past the initial screening process, and will likely not be funded through this program. I will, however, continue to advocate for the Wade in future bonding years.”
An announcement by Governor Dayton is expected later this week to determine the final grant recipients.