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city-of-viking-agenda-2025-06-10_d36.pdf

D.W. Jones seeks TIF for workforce housing project

$7,000,000City of VikingDW JONESJune 10, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

D.W. Jones is seeking city assistance via TIF for a $7 million, 65-unit apartment complex, projected to generate $962,500 in net tax increment over nine years. Project seeks city assistance with site improvements and housing for workforce.

Contract Details

Contract Amount

$7,000,000

Vendor

DW JONES

Agency

City of Viking, MN

Contract Type

Development

Document Date

June 10, 2025

Contract Term

9 years

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