Business owners
You can get information about owning a business on the New Nicollet site.
Translated information
2025
In May 2025, the City Council and Mayor agreed on a plan. The plan outlines what new buildings on the New Nicollet site will look like and how they will be built.
In late 2025, the City hopes to release a Request for Proposals (RFP) for the first phase of development on the New Nicollet site. Phase 1 development will be on the southeast corner of the site. It will focus on providing:
- Affordable housing
- Ground floor commercial space
- Community spaces
2026+
Once the developer for Phase 1 is selected, it will take about 3-5 years for the buildings to be funded and constructed. Buildings on the rest of the site will happen after Phase 1 is underway.
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