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EDA approves Renaissance Zone exemption for 28-unit Fourteenth and Main apartments; developer notes site contamination and budget uncertainty
Summary
The Moorhead EDA recommended and voted to approve a Renaissance Zone application for a 28-unit apartment project at Fourteenth and Main. The developer said the former gas station site has contamination that may raise cleanup costs; Commissioner Cotto abstained from the vote.
The Moorhead Economic Development Authority voted to recommend a Renaissance Zone property-tax exemption for a planned 28-unit walk-up apartment building at Fourteenth and Main Avenue, a project applicant and city staff told the EDA during an application review.
Derek (staff member) described the project as removing a former convenience store and two residential structures to build a 28-unit building with a mix of one-, two- and three-bedroom units. The design includes 18 garage stalls on the south side and 25 off-street spaces behind the building; staff said the property lies in the MU-3 mixed-use zoning district and…
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