The Minnesota Department of Employment and Economic Development (DEED) announced Friday that the proposed new busness park for Redwood Falls, “Reflection Ridge”, has received a state grant for slightly over $1 million to help pay upcoming infrastructure costs.

The total cost of the new streets and utilities is estimated at $2,352,903. The city of Redwood Falls was awarded $1,063,951 to assist with constructing new streets and utilities within a new industrial park. The first phase of the park will include 20 acres and 3 lots. The city estimates the park will allow $3.9 million in private investment and create 50 new jobs.

Under the grant program, DEED awards 50% of eligible capital costs for qualifying public infrastructure projects, such as streets, wastewater collection and treatment, drinking water, storm sewers, and more.

The Redwood Falls was part of about $2.3 million in grants for infrastructure projects in four towns in Greater Minnesota. The other projects are in Brooten, Luverne, and International Falls.