Blazing Star Landing Approved

A long planned Albert Lea development is now getting a much needed boost in financing.

A long planned albert lea development is now getting a much needed boost in financing.

Kimt news 3's alex jirgens is live to explain the details.

Alex?xxx live katie ?

"* behind me was the sie of the former farmland foods plant ?

"* which has sat vacant for about 20 years.

Since then ?

"* the city has been trying to find developers for the site.... now ?

"* they've found one and progress is moving forward.

Last night ?

"* city council approved implementing a 26?

"*year tax increment financing or tif district for the development ?

"* about 474 thousand dollars worth.

The multi?

"*phase project is being developed by the minnesota?

"* based unique opportunities ?

"* and when completely finished ?*- will feature 144 units.

City planner megan boeck (boke) hopes the project can fill a void in the community ?

"* markt rate and lower income housing... issues all pointed out in a recent housing study.xxx "about 150 unit housing unit gap.

This development would work to fill a part of that gap."

As to when shovels will break ground?

Boeck expects that to happen sometime this fall.

Live in albert lea ?

"* alex jirgens ?

"* kimt news 3.// live in mason city?

"*alex jirgens kimt news 3 thanks alex.

Depending on the success of phase 1 ?

"* construction on phase two and three could begin sometime