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Mankato Area Awarded $2 Million in State Revitalization Funds

in News/by Region Nine
By Sofia Martinez
Published: May. 17, 2022 at 11:31 AM CDT|Updated: May. 17, 2022 at 7:53 PM CDT
 
Mankato, Minn. (KEYC) – The Greater Mankato Growth Foundation has been awarded $2 million through the Department of Employment and Economic Development Main Street Economic Revitalization Program.

GMG says the $2 million will be used to promote development and redevelopment in three commercial corridors in Blue Earth County and Nicollet County; Including the Mankato and North Mankato City Center, the US Hwy 60/169 corridor, and the US Hwy 14 corridor.

GMG’s Foundation will serve as the fiscal host of these funds, which will be sub-granted to business owners and developers within the three commercial corridors.

“It will be instrumental to have these funds for businesses to take part in redevelopment projects, development projects. Really a way to support, too, the hospitality industry that has been hit so hard during the pandemic,” Greater Mankato Growth President and CEO Jessica Beyer said.

https://www.keyc.com/2022/05/17/mankato-area-awarded-2-million-state-revitalization-funds/ 

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https://www.rndc.org/wp-content/uploads/2017/09/region9_white_logo.png 0 0 Region Nine https://www.rndc.org/wp-content/uploads/2017/09/region9_white_logo.png Region Nine2022-05-20 08:29:002022-09-20 08:48:58Mankato Area Awarded $2 Million in State Revitalization Funds

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Region Nine Development Commission strives to promote the development of the region through intergovernmental cooperation, community and human development, long-range planning and technical assistance. Learn more

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