FARGO, N.D. (AP) - Fargo city commissioners have approved $15.5 million in tax breaks for developers of a $98 million high-rise complex in the city’s downtown.
KFGO radio reports (https://bit.ly/1Xu9d1F ) that the 18-story Block 9 Project planned for what is now a parking lot will include office and retail space, an 88-room hotel, condominiums, a 340-space parking ramp and a renovated city plaza.
The Kilbourne Group founded by philanthropist and Republican governor candidate Doug Burgum is partnering with the R.D. Offutt Company and hotel developer TMI Hospitality. The corporate headquarters for R.D. Offutt and RDO Equipment will be housed in the tower.
The group hopes to start construction in the fall.
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Information from: KFGO-AM, https://www.kfgo.com
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