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EDA advances terms for Central Dermatology purchase-and-development agreement; board sets timeline and employment requirements
Summary
The EDA reviewed a draft purchase-and-development agreement with River Birch Investments for Central Dermatology. The board signaled support for a phased deal (lots 1–2 development, lot 3 option), a 24-month target for certificate of occupancy, and a five-year employment maintenance tied to a $1-per-acre incentive.
Brainerd City's Economic Development Authority on Sept. 4 advanced contract terms for a proposed Central Dermatology project in the TC Industrial Park, outlining a phased purchase-and-development agreement that would place lots one and two under development and hold lot three as an option.
Jennifer Hascamp said the draft PDA follows a template previously used for other industrial-park deals and noted zoning was amended earlier to permit the proposed clinic. She described phase one as a roughly 9,500-square-foot building (about 7,000 sq ft finished…
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