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Council approves 7‑Points inclusionary zoning TIF agreement with prevailing‑wage monitoring
Summary
The City Council approved the 7‑Points (Uptown) redevelopment financing and inclusionary zoning TIF agreement after assurances that the developer will submit payrolls for prevailing‑wage monitoring.
The Minneapolis City Council on Sept. 25 approved the 7‑Points redevelopment TIF and inclusionary zoning agreement for the Uptown corner project, with council members emphasizing prevailing‑wage compliance monitoring.
Vice President Aisha Chugtai moved the item after staff described the revised agreement; Council Member Choudhury, who had been working with staff on the project, asked for confirmation about prevailing‑wage enforcement. Eric Hansen, director of CPED (Community Planning and Economic Development), said the developer, Doran and Companies,…
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