The Fargo City Commission must choose the developer of the public health site; Hawley Company asks for help moving to town – InForum
FARGO — Efforts to strike a two-iron deal with Fargo on the redevelopment of the former public health building in the city’s downtown have hit a wall, meaning the city commission must decide who can develop the site.
Separately, the city is set to be the new headquarters for a Hawley, Minnesota-based company that wants to move its manufacturing operations to the old PRx Performance building on the north side.
, from Hawley wants to move to 2402 8th Ave. N., but hopes to tap state interest buyout funding. He needs a recommendation from the city to do so.
On the downtown dilemma, two developers are vying to buy the public health building and parking lot at 401 3rd Ave. NOT.
However, talks to bring the two projects to fruition – centered on finding an alternative parking option for the U.S. Federal Bank – failed to gain traction, according to Jim Gilmour, director of strategic planning and research. from the city.
Gilmour told the city’s Economic Development Incentive Committee on Tuesday, April 26 that he will ask the city commission to decide between competing plans submitted earlier this year by Fargo’s MBA (Mutchler Bartram Architects) development and a partnership of Sioux Falls, SD, Green Acre Development and Lloyd Companies, and ESG Architecture and Design of Minneapolis.
“We met with the bank and we just couldn’t find a solution,” Gilmour said. American Federal didn’t feel the option presented was sufficient parking “and they wanted to stick with surface parking.”
Gilmour said the city commissioners had seen the presentations and that they “would have to choose one or the other of the projects”.
The Green Acre/Lloyd/ESG plan includes a hotel, and to make it happen they have offered a land swap with the bank.
In their multi-step plan, the partners would purchase the TruGreen property and surface parking lot from American Federal Bank at Fourth Avenue North and Fourth Street, as well as the public health building.
They would raze the public health building, turning it into a surface parking lot for use by the US federal government. Then, at Fourth Avenue and Fourth Street, they would build an upscale, $38.5 million AC by Marriott hotel with 115 rooms, 108 market-priced apartments in a second building, and 167 covered parking spaces shared between them. This project would be completed by 2024.
MBA proposed a $13 million plan for a five-story L-shaped apartment building on the site of the Public Health Building. It would have 68 units and parking on the first level. The project can be revised to include retail space. This project would be completed in 2023.
Gilmour said he would not make a recommendation to support one project over another.
PharmaMed manufactures automated equipment for pharmaceutical medical companies, typically custom automation for product packaging and handling. He has clients all over the world.
PharmaMed President Dustin Hanson told EDIC members that his company wanted to apply for an interest buyout program offered by the Bank of North Dakota and use the proceeds to help buy the 19,380-foot building. squares, repairing and renovating it for the operations of his business.
The Bank of North Dakota can contribute up to $200,000 to reduce business loan interest costs. That money must then be matched locally, Gilmour said.
In this case, the city can do so through the North Dakota Opportunity Fund, a statewide program in which Fargo participates.
All it takes is for the city to write a letter to the Opportunity Fund supporting PharmaMed’s request. No financial support from the city is required, Gilmour said.
PharmaMed employs 15 to 20 people, most of them highly skilled and well paid, Hanson said. The new facility is twice the size of their current location, Hanson said. Projections call for the company to grow to 30 employees within five years, he said.
EDIC members approved sending the letter on a 3-0 vote.