Fridley Approves TIF District for New Commerce Lane Warehouse
At its Dec. 22 meeting, the Fridley City Council unanimously approved a resolution establishing a new tax increment financing district for the redevelopment of a property on Commerce Lane NE. Community Development Director Paul Bolin said the project would transform the site from a vacant industrial property into a modern warehouse and distribution facility. The property is located between 73rd Avenue and Osborne Road and is zoned heavy industrial. The site was originally developed in 1970 with a 65,000-square-foot building constructed for the Totino’s Frozen Pizza factory. ...