Snelling Yards Proposal Echoes Mill City Quarter

Glasper said the city preferred Dominium’s design, but the company bowed out before the city could award it the rights to the site. Dominium Vice President Owen Metz said the company was looking for the right financing mix, which would require soft funds, seller financing and tax increment financing.

“After meeting with City staff it was determined that it was unlikely the combination of funds above would be available for the re-development so we stepped away,” Metz said in an email.

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