PHOTO CUTLINE – Swearing In
Brooklyn Center) announced that the City of Brooklyn Center Economic Development Authority will receive more than $200,000 in additional clean up grants to remove petroleum and other pollutants from the former Lifetime Fitness site. The 8.9-acre site was awarded $740,000 in June and will receive and the additional $200,000 in clean up funds to redevelop the site into a 90,000 square foot multi-tenant light industrial building.
“The grant award is good news for our community,” Eaton said. “The new economic development site is expected to create 25 new jobs, retain 181 jobs and increase our area’s tax base by more than $300,000. By cleaning up polluted sites, we attract new business and jobs to our area and expand economic opportunities for Minnesota families.”
It is expected the Brooklyn Center grant will leverage more than $9.2 million in private investments in the new industrial building and the remaining cleanup costs to be paid for by the developer. The Brooklyn Center grant is one of 14 grants awarded by the Minnesota Department of Employment and Economic Development, collectively worth more than $5.3 million, to remove contamination and put polluted sites back into use.
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