City of Wabasha DEED Cleanup

The City of Wabasha has been awarded $91,672 in cleanup funding from DEED for a .54-acre site, which is tainted with petroleum and other contaminants.

Historically occupied by an auto repair shop, a gas station and a machine shop, the site will be transformed into Alleghany Apartments, a three-story, 50-unit affordable housing development with underground and surface parking.

The project is anticipated to create one job, increase the local tax base by $135,767, and leverage $7.1 million of private investment.

Matching funds will be provided by the Wabasha Port Authority and tax increment financing. DEED previously awarded redevelopment and cleanup investigation grants for this project.