The City of Minneapolis invites the Hennepin County Board of Commissioners, the Minneapolis Board of Education, the Minneapolis City Planning Commission, Marcy-Holmes Neighborhood, and other interested parties to review and comment on the 200 Central Tax Increment Financing (TIF) Plan. The TIF Plan is available for review on the City’s website at: http://www.minneapolismn.gov/cped/public/index.htm.
The TIF Plan has been prepared to help finance the construction of a 27-story mixed-use apartment building in the St. Anthony Falls Historic District located at the intersection of Central Avenue and 2nd Street Southeast in the Marcy-Holmes neighborhood. The 200 Central project will contain 359 apartments, 3800 square feet of commercial space, underground parking and other amenities. It will include 72 apartments affordable to households at or below 50% of Area Median Income (AMI), 108 apartments will be available to households at 80% AMI, and 179 apartments will be at market rate.
Please submit your comments by noon on Monday, March 13, 2023 via e-mail to Dan Lauer-Schumacher, Senior Project Coordinator, Department of Community Planning and Economic Development, [email protected], (612) 673-5068.
It is expected that the Plan will be considered at the following meetings of the Minneapolis City Council and its committees:
Business, Inspections, Housing & Zoning Committee
(A public hearing will be conducted at this meeting)
Tuesday, March 14, 2023 at 1:30 p.m.
Thursday, March 23, 2023 at 9:30 a.m.
All meetings will be held in Minneapolis City Hall, 350 S. Fifth Street, Room 317.
If you or your group would like to meet to discuss the proposed TIF Plan, if you would like paper copies, or if you have questions or comments, please contact:
Dan Lauer-Schumacher, Senior Project Coordinator
Community Planning and Economic Development
505 4th Avenue S, #320
Minneapolis MN 55401-2534