The City of St. Cloud (CITY) and the St. Cloud Community Redevelopment Agency (CRA) are excited to announce an enhanced opportunity for visionary and experienced developers to submit proposals for the purchase or lease and transformative development of prime City-owned properties through a Public-Private Partnership (P3). Known as “Downtown Site 1,” this project has been expanded to include three (3) additional parcels and up to $4 million in financial incentives, further enhancing the potential for impactful development.
Located in the heart of St. Cloud’s vibrant downtown district, Downtown Site 1 is a highly visible and strategically positioned area. This project represents a unique opportunity to play a pivotal role in the ongoing revitalization of St. Cloud’s historic downtown by driving economic growth and inspiring further development.
To support this endeavor, the CRA has introduced additional financial incentives to complement the significant investments already made in major streetscape enhancements and infrastructure upgrades. These enhancements have laid the groundwork for the area to flourish as a dynamic hub for business, culture, and community.
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