Star Tribune
•Business
Business & Economics
Duluth gives tax breaks to massive hilltop housing development
89% Informative
Incline Village is expected to include market-rate housing to be built in three phases over seven to 10 years .
Developers have said the site is difficult with its rocky, marshy landscape, and two major development deals for the site fell through.
Tax subsidies are expected to account for about one-third , or up to $50 million , of developer's financing gap.
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