City Leaders Seek $50M Nicollet Mall Renovation
Minneapolis leaders are reportedly pushing for a multimillion-dollar renovation of the Nicollet Mall walkway downtown.
The Downtown Journal reported that the city and the Downtown Council have named a renovation of the walkway as their top funding request for the state Legislature when it puts together a bonding bill during the 2012 session.
The cracking walkway has become so flawed that the Minneapolis Downtown Improvement District estimates it will spend more than $1.3 million over the next three years repairing the granite pavers, according to The Downtown Journal.
Downtown Council President and CEO Sam Grabarski told The Downtown Journal that the renovation project would likely cost between $50 million and $60 million, and the city is asking the state for $25 million in bonding money. The remaining funds would come from the city and the private sector.
To learn more about the history of Nicollet Mall-and why some city representatives believe it is “beyond the point of repair”-read the full report by The Downtown Journal here.