DEED Roundup - January 7, 2019

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January 7, 2019

DEED in the News

New DEED Commissioner Steve Grove

Incoming Minnesota Gov. Tim Walz and Lt. Gov. Peggy Flanagan announced their picks for the heads of the state's departments of Employment and Economic Development, Commerce, Revenue, Public Safety, and others during a press conference in downtown Minneapolis Friday. Steve Grove will be the new commissioner of DEED. Grove is currently director of Google News Lab and the founder of Silicon North Stars.

St. Paul gets $361,000 to clean O’Gara’s land, more for other polluted site
Pioneer Press - 1/3/2019

The redevelopment of the old O’Gara’s Bar & Grill site in St. Paul was one of several projects to get a boost last week from the state. DEED awarded $361,408 to St. Paul to help pay for the cleanup of O’Gara’s Snelling Avenue location. The nearly 1.2-acre site was once also home to a gas station and auto repair shop and needs to have petroleum and other contaminants cleared, according to the state.

artist's rendering of the Van White memorial blvd building

DEED grants boost cleanup at 12 sites in Minnesota
Finance and Commerce - 1/4/19

Wellington Management is a long way from completing its vision to revitalize a once-contaminated corner of Minneapolis, but a grant from the state gets the company one step closer to that goal. The St. Paul developer is working on two nearby sites along Bassett Creek in north Minneapolis, bringing a mix of commercial and residential redevelopment northwest of the Interstate 94-394 interchange. 

Recent Press Releases

DEED Awards $5.67 Million for Contamination Cleanup

DEED awarded $5.67 million in grants towards cleaning up 12 contaminated sites approved for redevelopment. The funding was awarded by DEED under the Contamination Cleanup and Investigation Grants Program. These projects will create or retain 3,575 jobs and attract $763.9 million in private investment. The local tax bases are expected to increase by $10.58 million because of these projects.

Did You Know?

In November's monthly economic snapshot Minnesota had the second highest labor force participation rate nationwide. On a monthly basis DEED takes national labor market data and combines it with state surveys to make the monthly economic snapshot.

Minnesota is fourth best run state in the nation