More investments are headed toward Grand Forks’ downtown, the area around the Grand Cities Mall and the area north of the Alerus Center, if the City Council gives its blessings to a group of investors.
The council’s Finance Committee recommended Monday that the full council agree to a “renaissance fund organization” being proposed by the Center for Innovation Foundation, affiliated with UND’s tech incubator.
The foundation is raising funds for a tech park near the Alerus Center.
Bruce Gjovig, the foundation’s CEO and the incubator’s director, said a private developer has plans for a new office building and a data center. That’s in addition to the North Dakota University System data center planned for the same area, he said.
To read the full, original article click on this link: Foundation looks for tax credits to spur investments in GF | Grand Forks Herald | Grand Forks, North Dakota
Author:Tu-Uyen Tran
