David's BlogTuesday, September 25, 2012Shining City on the Hill Shines More Brightly
Two
recently announced projects clearly illustrate how Duluth is poised to
complete one of America's most remarkable city revitalizations.
Earlier this month, we learned that work will soon begin on a $28 million Multimodal Transportation Center
in our beloved Downtown. The building will be located at Third Avenue
West on the lower side of Michigan Street. In addition to the new
center, the project will include an upgrade of Michigan Street sky-walk
connections, including the reconstruction of the Northwest Passage
connection to the Duluth Entertainment Convention Center. The center
will be paid for with the help of a $16 million federal appropriation,
$6 million from the state bonding bill and $5.5 million in local and
private investments.
Last week, Duluth Mayor Don Ness announced that maurices
will be the anchor tenant in a fifteen-story, $80 million office tower
to be built at Superior Street and Fifth Avenue West. The 425 West Tower
will bring new life to the west end of our historic Downtown. The tower
is made possible by a $60 million private investment by the AtWater
Group. This private investment precipitated the State of Minnesota
funding the project with $8.5 million from its State Capital Projects
Grant. The City of Duluth will match that grant with an additional $8.5
million investment. These two projects will generate the largest and
boldest amount of construction to concurrently occur in our Downtown.
Yet,
there is more good news. Our Duluth Public School District is
completing the final two schools involved in its $313 million
reinvestment in our school buildings. The construction of Myers-Wilkins
Elementary School and the renovation of Congdon Park Elementary School
will culminate the building or renovation of the District's eleven
remaining schools. Last weekend, hundreds of Duluthians toured the
recently opened Lincoln Park Middle School and the Ordean East Middle
School. These schools are now a compelling reason to relocate to Duluth
and to remain in Duluth.
Couple
these recent investments with how well we have diversified our local
economy; and we have reason for celebrating. Today, our unemployment
rate is consistently better than the state and far better than the
nation. Our regional industries are thriving.
We
have come a long way since the 1980's, when Duluth had an unemployment
rate of 17%. Our population had declined by 20,000 during the previous
thirty years. Our hardships were heralded to the country when the
federal government identified Duluth as one of the ten most distressed
cities in the nation.
Duluth's
revitalization is a tribute to the resiliency, tenacity and ingenuity
of Duluthians. We repeatedly survive the storms generated by the
Greatest of the Great Lakes. And, we survive the economic storms that
have blown through Duluth over the past thirty years.
Duluth
is positioned well for prosperity. Maurices understands this truth. The
AtWater Group believes it to be true. Leaders from higher education,
manufacturing, tourism, construction and healthcare are experiencing
this truth.
It
is increasingly apparent to our community members that our Shining City
on the Hill is shining more brightly. It is a light being seen from far
greater distances. It will attract individuals, families and businesses
that are wise enough to become a part of the revitalization.
David Ross, President & CEO
posted by David Ross
at
12:43 PM
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