For the second time in several months, Eagan is on the receiving end of a substantial grant from the Minnesota Department of Employment and Economic Development.
DEED announced last Thursday that Eagan will receive $596,955 in grant funding as part of the departments Contamination Cleanup Grant Program to help fund the clean up of the Paragon outlet mall site in the city's Cedar Grove neighborhood.
The city was one of eight Minnesota municipalities to receive funding from the program this year, according to a DEED press release. The department handed out a total of $5.3 million in this round of grant funding to St. Paul, Hopkins, Hutchinson, Duluth and other cities.
Eagan's grant money will be used to help clean up petroleum contamination on the Cedar Grove site, which was previously the home of gas stations and a mall.
In October, from DEED to aid in the construction of a parking ramp on the site. That money came from the department's Redevelopment Grant Program and will be used to construct an elevator tower for vehicles.
Construction on the outlet mall would likely begin this spring, with an anticipated completion date late in 2014. The mall plans include roughly 100 high-end stores. Development of the mall itself is estimated to cost $100 million. Maryland-based Paragon Outlets is the owner and developer of the site.