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tax increment financing

tax increment financing

Discovery Square
photo by Kim David
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DMC Board Approves First Discovery Square Project

Rochester, MN (KROC-AM News) - The first project proposed for the Discovery Square District as part of the Destination Medical Center initiative has won the approval of the DMC Corporation Board.

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Miracle Mile project
Miracle Mile project- submitted design
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Work Could Begin in May on Rochester Miracle Mile Project

Rochester, MN (KROC AM News) - The developer of the proposed project at Rochester’s Miracle Mile shopping center should find out Monday if the city will help pay for it.

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concept design from Bloom International Realty
concept design from Bloom International Realty
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Rochester City Council to Vote on Bloom Project

Rochester, MN (KROC AM News) - The Rochester City Council is scheduled to vote Monday on a preliminary development agreement involving a large proposed downtown project.

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Broadway at Center
Broadway at Center- Titan Development
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Closing Date Set for Broadway at Center Project

Rochester, MN  (KROC AM News) - Construction work may finally begin on the planned Broadway at Center project in downtown Rochester.

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site of housing project- photo by Kim David/Townsquare Media
site of housing project- photo by Kim David/Townsquare Media
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City Council Vote Scheduled on New Housing Project

Rochester, MN (KROC AM News) -The Rochester City Council is scheduled to vote Monday night on a recommendation to establish a new development district for a downtown area housing project.  

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St. Mary's Holiday Inn and Suites
DMCC Board Packet
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Developer Drops Plans for New Hotel near St. Mary’s Hospital

Rochester, MN (KROC AM News) - A proposed large hotel project near St. Mary’s Hospital that was first presented to the city last August has been withdrawn by the developer.

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Buckeye development project -photo by Kim David, Townsquare Media
Buckeye development project -photo by Kim David, Townsquare Media
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Rochester City Council Ready to Vote on Buckeye Project

Rochester, MN (KROC AM News) - Work on a planned downtown Rochester apartment building could begin soon.  

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St. Mary's Holiday Inn & Suites
City of Rochester (City Council Packet)
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Hotel Developer Seeks TIF Financing and DMC Designation

Rochester, MN  (KROC AM News) - The Rochester City Council will be presented Monday with a proposal to extend Tax Increment Financing assistance to help pay for the construction of a large hotel development near St. Mary’s Hospital.

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proposed downtown Rochester project at 5 St and 2 Ave SW/Google Street View
proposed downtown Rochester project at 5 St and 2 Ave SW/Google Street View
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Council Asked to Approve New Downtown Rochester Project

Rochester,MN (KROC AM News ) -  The Rochester City Council is scheduled to deal with two items at its Monday night meeting that are connected to two proposed downtown projects.

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