Delta Development Proposes $40M Fargo Convention Center Financing Plan

In a recent meeting of the Fargo City Convention Center Committee, discussions centered on the development of a new convention center, highlighting both the challenges and opportunities that lie ahead. The meeting, held on August 22, 2025, featured key stakeholders, including local developers with extensive experience in the Fargo area.

The developers emphasized their long-standing commitment to Fargo, citing over 30 years of successful projects across various sectors, including retail, office, hotel, and residential developments. They expressed confidence in their ability to navigate the complexities of the convention center project, despite acknowledging financial constraints that may limit the size and scope of the facility. The proposed convention center aims to provide approximately 63,000 square feet of conference space, which would be the largest facility of its kind between Minneapolis and Spokane.

A significant point of discussion was the financial modeling necessary to fund the project, estimated at around $40 million. The developers indicated that while they are prepared to explore various funding mechanisms, including potential tax increment financing (TIF), the current budget may not cover the full vision for the center. They noted the importance of aligning financial resources with the project's goals, particularly regarding the construction of adequate parking facilities, which would likely require additional funding strategies.

The conversation also touched on the existing demand for meeting spaces in Fargo, with the developers assuring that the new convention center would complement rather than compete with current venues. They highlighted the flexibility in booking timelines, which could help accommodate a range of events and alleviate pressure on existing facilities.

Additionally, the developers addressed concerns regarding operational aspects, including food and beverage services. They indicated a preference for Delta to manage these services to ensure consistency and quality, while also remaining open to collaboration with other vendors to meet diverse needs.

As the meeting concluded, committee members expressed a desire for further exploration of the financial models and operational plans. The developers committed to refining their proposals and engaging with the city and the Convention and Visitors Bureau to ensure the project aligns with community needs and expectations.

The discussions at this meeting underscore the city's ambition to enhance its convention offerings, which could have significant economic implications for Fargo and the surrounding region. As plans progress, the committee will continue to evaluate the feasibility and potential impact of the proposed convention center, with the next steps likely involving deeper financial analysis and stakeholder engagement.