The Transportation Economic Development Infrastructure (TEDI) Program funds were awarded to three projects:
This project will assist with reconstruction and replacement of streets and utilities on Opportunity Site to be redeveloped to accommodate a business incubator, a conference center, and mixed income housing. The site is targeted for BIPOC, women owned businesses, and migrant owned businesses. It is estimated that the project will create 89 jobs and increase the market value of the site by $165 million. The total cost of the infrastructure project is $6.2 million.
This project will assist with constructing streets and utilities to expand the Tacoma West Industrial Park. The 60 acre expansion will allow for approximately 14 new lots. The city has 2 committed businesses to locate in the park. The project, when fully built out, would increase the value of the land by $27 million and create/retain 260 jobs. The total cost of the infrastructure is $5.1 million.
The project will assist with construction of a new roundabout on State Trunk Highway 5 and County State-Aid Highway 11 in the City of Victoria. The project will support and create jobs for existing and new businesses in the area while improving safety and mobility in the area. It is estimated the project will create/retain 110 full time jobs, and increase the value of properties in the area by $160 million. The total cost of the roundabout is $8.5 million. Of those costs, $2.7 million are considered non trunk highway costs (and TEDI eligible). The balance of costs have been committed by the county and city. This project received a MnDOT TED grant for $3.2 million.
For more information visit the Department of Transportation Economic Development Projects website.
The Transportation Economic Development Infrastructure (TEDI) Program funds were awarded to five projects:
This project will assist with construction of a four-lane divided highway linking the new interchange on Interstate 94 to the central part of Dayton. I-94 in this part of the state is one of the busiest freeways in the state (95,000 vehicles per day). The new interchange will provide a new option for traffic that currently goes through the very busy Highway 101 interchange. The project will assist in creating and retaining 1,455 jobs in the area at businesses like Graco, Inc., CRG, Zeigler CAT, ICA Corporation, King Solutions, and others. Tax base increase is estimated at $134 million in five years. Total cost of the public infrastructure project is estimated to be $4.57 million.
This project will assist with construction of roadway and sewer along Creek Road to allow full build-out of the 360 acre Southwest Chaska Business Park. The project estimates 5,906 new jobs and a tax base increase of $46 million in the next 5 years. Oppidan, a developer, has committed to the first development of a $10.5 million building that will create 301 jobs. The total cost of the infrastructure project is $14.2 million.
This project will assist with reconstructing 3 miles of roadway that will primarily serve the Southern Minnesota Beet Sugar Cooperative, Renville County's largest employer. The project will create a wider concrete roadway that will increase safety for the roadway that has high truck traffic. The cooperative is planning a $175 million expansion. Businesses along the reconstructed road will create or retain 642 jobs and estimate a tax base increase of $40 million in five years. Total cost of the public infrastructure project is $2,840,900.
The project will extend County Road 5 through a business park in Winsted. The project will expand and provide better access to the existing business park. The expansion will provide 120 additional acres in the park and provide better access to existing businesses such as Millerbernd Manufacturing and RAM. Those two businesses will retain and create 625 jobs and increase tax base by $28 million in 5 years. Total cost of the public infrastructure project is $3 million.
This project will assist with construction of a roadway that will allow trucks direct access to Highway 75 and bypass residential streets in Clinton. The project will primarily serve CHS, Big Stone Lumberyard, and the Wheaton Dumont Co-op Elevator. The Elevator was destroyed by a fire in 2021. The businesses will create or retain 35 jobs and increase tax base by $1.5 million in 5 years. The total cost of the roadway will be $732,000.
For more information visit the Department of Transportation Economic Development Projects website.
The Transportation Economic Development Infrastructure (TEDI) Program funds were awarded to three projects:
This project will assist with the realignment and reconstruction of Dowling Avenue. Dowling Avenue will be the main entrance to the Upper Harbor Terminal Redevelopment Project. The redevelopment project is a large plan to turn 48 acres of riverfront land into housing, businesses and an outdoor performance venue. The Dowling Avenue project has a projected total cost of $4,090,000. The proposal speculates that 359 jobs will be created in 5 years and the increase in tax base would be $50 million.
This project will extend Adams Street east of County Road 12 to provide access for development of 73 acres adjacent to Highway 14. Multiple trucking related business are committed to developing on a portion of the property and propose to create and retain 154 full-time jobs. Total projected cost of the infrastructure project is $1,987,444. The application estimates $26.6 million in private investment in the area.
This project will assist with reconstruction and expansion of County Road 53. The road would provide improved access to the proposed Google Data Center project and the Becker Business Park. Google proposes to create 50 jobs and invest $600 million on the site. Total cost of the infrastructure project is $1,500,000.
For more information visit the Department of Transportation Economic Development Projects website.
