Orange barrels on a highway

2012 Projects Summary

Projects around Minnesota funded by TED

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TED Fact

In 2012, TED distributed $27 million in funds matched by $83 million from private and other public sources. These targeted investments supported an estimated 4,000 additional “head of household”-type jobs for Minnesota.

 


TED Projects Summary

 

 

Community

Project Description

2012 Awards

 Local / private / other funds leveraged

% Leveraged

Non-TED Funding Sources

Eden Prairie

S. Shady Oak Rd Imp

$7,000,000

$24,700,000

77.9%

United Health Group, City MSA, other public partners

Maplewood 

Hwy 36/English St Interchange

$1,000,000

$21,997,000

95.7%

Business assessments, Federal funds, state, county, city, watershed

St. Louis Park

Hwy 7/Louisiana Interchange

$3,000,000

$22,008,000

88.0%

Federal, state, local

Ramsey County

Lexington Ave - Congestion Mitigation

$1,000,000

$1,617,298

61.8%

Federal, state, local

Minnetonka

I-394 Ridgedale Dr westbound on ramp

$1,603,965

$6,396,035

80.0%

Municipal Aid, storm sewer funds

Windom

North Windom Industrial Park imp

$1,094,500

$805,500

42.4%

Economic Development Authority

Benton County

Hwy 10/ County Hwy 3 Interchange

$2,934,000

$1,956,000

40.0%

Private developer, county

Mille Lacs County

Country Rd. 132 - Hawkins Sawmill Rd - 9-ton

$300,000

$950,000

76.0%

Hawkins Sawmill, county

International Falls

Multi-modal Distribution Center, Rail spur

$657,000

$300,000

31.3%

Economic Development Authority

Rice County

Extension of Industrial Park Rd & Country Rd. 76

$1,000,000

$1,740,000

63.5%

Met-Con Companies, county

Mankato

Eastwood Energy Industrial Park

$969,218

$415,380

30.0%

Special Assessments, County EDA

Jackson

I-90/County Rd. 34 Interchange

Pending Traffic Study

N/A

N/A

city, county

Delano

Delano NW Business Park

$1,605,500

$3,313,000

67.4%

DEED, special assessments, TIF

Total  

$23,627,833

$86,992,563

78.6%