The Free Press, Mankato, MN

May 22, 2013

Tax break could make megamall bigger


The Mankato Free Press

---- — ST. PAUL, Minn. (AP) — A $250 million tax break is expected to resurrect expansion plans at the Mall of America.

The owners of the Bloomington megamall, Triple Five Group, say the $1.5 billion project would double the size of the mall, add hotels, a waterpark, performing arts center, officer towers and hundreds of stores. The owners have not indicated when the expansion project would begin.

The St. Paul Pioneer Press (http://bit.ly/14OKHLI ) says the plan was developed in 2006 but remained on the shelf as backers hoped for a subsidy. State lawmakers passed the tax break just before the legislative session ended at midnight Monday.

The Mall of America says it attracts 42 million visitors each year.

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Information from: St. Paul Pioneer Press, http://www.twincities.com