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Thursday, June 13, 2024

EDA moves closer to Cemstone deal

More details fell into place for the proposed south Cottonwood Lake housing development at Monday’s meeting of the Windom Economic Development Authority.

After a closed-door property negotiations discussion, the board reached a consensus on a Tax Increment Financing offer related to the land price and development agreement.

It appears the lone finalist for the role of subdivision developer is Voss Plumbing & Heating of Paynesville. The upscale apartment developer is Apollo Development.

Economic Development Director Drew Hage noted that the property used for the subdivision development and property for the apartment development will be handled separately.

For more on this story, watch windomnews.com and see the Feb.16 edition of the Cottonwood County Citizen and Citizen eEdition.

Watch www.windomnews.com for regular weekday updates at 8 a.m./noon/5 p.m., plus BREAKING stories at other times. Follow CoCoCitizen @CitPub on Twitter.

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