Seeking input on the 200 Central Tax Increment Financing Plan (the “Plan”)
200 Central will be a 27-story mixed-use apartment building in the St. Anthony Falls Historic District located at the intersection of Central Avenue and 2nd Street Southeast in the Marcy-Holmes neighborhood. The 200 Central project will contain 359 apartments that will include 72 apartments affordable to households at or below 50% of Area Median Income (AMI), 108 apartments will be available to households at 80% AMI, and 179 apartments will be at market rate. There will be 39 studio, 225 one-bedroom, 90 two-bedroom and 5 three-bedroom apartments.
The Plan establishes a new housing TIF district to help finance various public project costs and includes a budget for the use of tax increment revenue generated by the new TIF district.
View the 200 Central Tax Increment Financing Plan
Submit your comments by noon on Monday, March 13, 2023 via e-mail to Dan Lauer-Schumacher, Senior Project Coordinator, Department of Community Planning and Economic Development. If you or your group would like to meet to discuss the Plan, or if you have questions, please contact Dan Lauer-Schumacher.
It is expected that the Plan will be considered at the following meetings of the Minneapolis City Council and its committees:
Business, Inspections, Housing & Zoning Committee
(A public hearing will be conducted at this meeting)
Tuesday, March 14, 2023 at 1:30 p.m.
Thursday, March 23, 2023 at 9:30 a.m.
All meetings will be held in Minneapolis City Hall, 350 S. Fifth Street, Room 317.