On Air Now

Listen

Listen Live Now » 101.9 FM Fargo-Moorhead

Weather

Current Conditions(Fargo,ND 58103)

More Weather »
60° Feels Like: 60°
Wind: WNW 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Sunny 82°

Tonight

Clear 58°

Tomorrow

Mostly Sunny 84°

Alerts

Major redevelopment proposed for blighted former industrial site in Fargo

by
Butler Business Park concept
Butler Business Park concept

FARGO (KFGO-AM) - Fargo City Commissioners have authorized city staff to proceed with a financial analysis of a plan by a Minneapolis development group to turn a blighted former industrial area into a business park.

Hyde Development LLC is seeking nearly $2 million in tax increment financing for 15 acres south of Main avenue and just east of I-29. That's the former Butler Machinery-Gremada Industries site.

Paul Hyde says it's taken a year and a half to find the right site. The $18 million project will include four multi-tenant buildings, totaling 180,000 square feet that will bring more than 300 jobs to the site and will increase the property's tax base by more than $100,000 a year. He says it would "clean up the front door to Fargo."

Hyde Development has done similar developments in Minneapolis and Milwaukee.

Comments