The now open space in downtown that’s roughly bounded by 10th and 11th streets, and Rogers and Madison streets, will get some renewed focus and attention for development.

The area is known as the Trades District, which is a 12-acre portion of a larger area comprising Bloomington’s certified technology park.

The real estate was purchased by Bloomington’s redevelopment commission more than a decade ago.

At its meeting last Monday, Bloomington’s redevelopment commission (RDC) approved an agreement that pays The Dimension Mill, Inc. $200,000 each year for two years to “advance the City’s objectives for the Tech Center, Trades District and Bloomington’s innovation ecosystem…”

The Dimension Mill, Inc. is a non-profit corporation that operates the coworking space known as The Mill, in the former dimension mill of the Showers Brother furniture factory.

A key part of the agreement with the RDC is that The Mill will hire an executive director for the Trades District and technology center, to focus on development of the district, construction of a new technology center, and recruitment of tenants for the center. Continue reading “Bloomington OKs $400K for promotion of Trades District development, tech center construction” →