DEED in the News
DEED is giving the Roseville Economic Development Authority $325,000 that will be used to decontaminate the future site of apartments off County Road D between Old Highway 8 and Highway 88. Work on the first phase of the 209-unit, three-building development called the Edison Apartments began in December, with the site being cleared of trees, according to city Housing and Economic Development Program Manager Jeanne Kelsey.
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DEED awarded $296,349 to preserve owner-occupied homes through the Small Cities Development Program. And the Federal Home Loan Bank Des Moines, one of the nation’s largest sources of grants for affordable housing projects, allocated $376,820 for the City of Winona Home Rehabilitation Program.
The data center, essentially a big building full of servers, was disclosed Thursday in a regulatory filing by Minneapolis-based Xcel Energy, which would play a big role in the project. The Google server farm would create about 50 full-time tech jobs and about 2,000 construction jobs over 18 to 24 months. The Google facility would be one of the largest private construction projects in recent state history.
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Recent Blog Posts
Minnesota’s seasonally adjusted unemployment rate held at 2.8 percent in November for the third month in a row. The state’s unemployment rate remains the lowest since May 1999 and three tenths of a point above the all-time low of 2.5 percent (January and February, 1999). October’s gain of 3,400 jobs was reduced to 2,500 after revision. See more on the DEED Developments blog.
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