Additional Funding for Parking Structures Approved - KMOT.COM - Minot, ND - News, Weather, Sports

Additional Funding for Parking Structures Approved

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A long awaited Minot project should break ground very soon.

 Monday night's city budget hearing approved additional funding for two downtown parking structures. The 1.5 million that was awarded will close the funding gap with the Community Development Block Grant Recovery funds, MAGIC funds, and sales tax.

Both structures will cost around $12 million. New apartment buildings and retail are also in the works.

 "Between the new infrastructure underground and these 2 new buildings and parking structures, it should really bring a lot of vitality to our downtown area and should actually kind of turn it into a little hot spot where people want to come," says Cindy Hemphill, Minot finance director.

 Construction may start as early as October 1st.

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