Purpose of the Bill

The bill aims to promote economic development by providing funds to support a redevelopment project in Maplewood, Minnesota. The specific focus is on transforming a former retail space into a community and cultural marketplace.

Main Provisions

• The bill appropriates money from the general fund for the fiscal year 2026.
• It directs these funds to the commissioner of Employment and Economic Development.
• The funds are intended to be granted to the city of Maplewood.
• The purpose of the grant is to aid in the development of the former Sears department store at Maplewood Mall.
• The development project will involve collaboration with the new owner of the site and HmongTown Connection.
• The goal is to create a space that serves as a community and cultural marketplace.

Significant Changes to Existing Law

• This is a one-time appropriation specifically designated for the redevelopment project at Maplewood Mall. The funds will be available until June 30, 2027.

Relevant Terms

• Economic Development
• Appropriation
• General Fund
• Maplewood Mall
• Community and Cultural Marketplace
• HmongTown Connection
• Fiscal Year 2026