DEED Contamination Cleanup Grant Awarded to East 7th Street Project
The Minnesota Department of Employment and Economic Development (DEED) announced $977,381 in Contamination Cleanup and Investigation grants to six communities statewide. The grants will help the awarded communities fund the assessment and cleanup of contaminated sites for private redevelopment.
In the City of Saint Paul, a vacant 2.2-acre parcel at 892 East 7th Street was awarded $138,944 in cleanup funding. The site is contaminated with petroleum and other contaminants from past auto repair use.
Project for Pride in Living (PPL) plans to redevelop the property into a mixed-use site with 40,000 square feet of commercial space and 60 affordable housing units. The project is anticipated to create 56 new jobs, increase the local tax base by $74,567, and leverage $16.6 million of private investment. Matching funds will be provided by the developer and other grant sources.
DEED's Contamination Cleanup Grants cover up to 75% of the costs of removing contamination at approved polluted sites. The remaining costs are covered by cities and counties, other units of local government and private landowners and developers.
"The contamination cleanup and investigation grant program is one tool DEED relies on to ensure Minnesota's communities are able to continue to thrive," said DEED Commissioner Matt Varilek. "The jobs created and private investment leveraged by these six projects will leave a positive lasting impact on the communities they serve."