The 2024 development efforts report underscored a year of historic milestones for Moorhead. Notably, over 1,400 building permits were issued. Collaborative efforts with Moorhead Public Service led to the conversion of nearly 300 streetlights to LED, improving energy efficiency and lighting quality in key commercial areas.

Construction commenced on two significant downtown projects: the Loop Moorhead Library and the 650 Center Avenue mixed-use building. These developments are expected to transform the downtown landscape, contributing to the city’s efforts to create vibrant community experiences and promote sustainability. Additionally, a $1 million reimagining project at Key Park will introduce new amenities, including a swimming pool and playgrounds.

The discussion also touched on the affordability of housing in Moorhead, which remains a strong selling point despite national trends of rising home prices. The median home sale price in Moorhead is lower than in nearby Fargo and West Fargo, providing an attractive option for potential new residents seeking larger homes for their money.

The meeting addressed the need for updated market studies to guide future development. The last downtown market study was conducted in 2020, and changes in the market since then, particularly due to COVID-19, have necessitated a broader analysis. Commissioners expressed the importance of having accurate, current data to support informed decision-making and attract investors. Potential areas of interest for the study included the vicinity of the current library and other strategic locations like East 10th Street and the I-94 corridor.

In terms of governance, the meeting discussed vacancies within the EDA board, with plans to formalize the onboarding process for new members in April. Efforts to fill positions in various EDA committees and advisory groups were also underway, with a focus on ensuring effective decision-making and maintaining momentum in economic development initiatives.

The Mara Development Control Board, responsible for overseeing development standards in the industrial park, has not met frequently due to expired covenants, and efforts are being made to fill its vacancies. Meanwhile, the Moorhead Loan Fund Advisory Group continues to serve as a recommending body for financing requests, emphasizing the importance of financial support for local projects.

The meeting also highlighted ongoing economic development initiatives, including progress on the downtown core projects. The new library and community center construction is advancing, and the 650 Center project is on track to house relocated chiropractic services by early fall. A deed redevelopment grant application was submitted, seeking state funding for further demolition projects to pave the way for new infrastructure development.

Despite challenges such as the closure of the Anheuser-Busch malting plant, the EDA remains optimistic about opportunities for repurposing the facility. The DG Fuels project, focused on sustainable aviation fuel, was also discussed, with emphasis on the need for collaboration across federal, state, and local levels to secure support.