Mankato Area Awarded $2 Million in State Revitalization Funds
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.