- Associated Press - Wednesday, November 25, 2015

BISMARCK, N.D. (AP) - Developers of a multimillion-dollar housing and retail complex in downtown Bismarck say they’re brokering a deal with a hotel chain and restaurant.

The Bismarck Tribune reports (https://bit.ly/1XqHiwc ) that the names of the chains aren’t being released until January. Architect Jeff Ubl says developers are awaiting chain approval and brand confirmation for the hotel.

The public-private partnership dubbed FiveSouth is proposed in the area of the Bismarck Event Center and Kirkwood Mall.

City commissioners in September approved moving forward with a tax increment finance district to fund $35 million in public infrastructure including two new parking ramps.

Investments in the mixed-use development could total $350 million.


Information from: Bismarck Tribune, https://www.bismarcktribune.com

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