The lion’s share of the TIF funding will go to public improvements that are traditionally funded by TIF, including items such as roads, infrastructure, and parking. TIF funds are property tax dollars generated by the project itself. The approval by the Bloomington City Council and Port Authority on March 9, 2022, provides the proposed project a subsidy in the form of Tax Increment Financing (TIF). And it has been a success: The Great Wolf property in Garden Grove is among the city’s top tax generators. There, Great Wolf asked for and received a $100 million public investment to make its $250 million dollar project pencil out. In fact, look no further than Great Wolf, which built another of its water parks in Garden Grove, California, which is smack in the middle of the highly competitive southern California hospitality and tourism industry. But large projects like this often need subsidy. If for some reason the water park does not go as planned, Bloomington taxpayers will not be on the hook. This water park will be privately financed. Nearly 40 million people go through the doors of MOA every year and this water park will add to the entertainment and tourism mix for the city, which we are proud to say includes the existing Great Wolf water park (think clustered amenities like Wisconsin Dells). The project would be the largest indoor water park in North America a Disney-level attraction that will see about one million visitors annually. The proposed water park will be a regional amenity that will be visited by people from all over and bring tax dollars to the area. And our strength in hospitality has been essential to the overall metropolitan area’s ability to attract events like the Super Bowl, the Ryder Cup, and the Women’s Final Four that will be here in just a few weeks. We believe Bloomington has one of the strongest economic development track records in the region. The vitality in our South Loop District has, in fact, been essential to the City’s ability to successfully attract other businesses to diversify our economic base. A healthy and thriving hospitality industry significantly reduces the overall tax burden for Bloomington residents and businesses. Hospitality is the largest industry in Bloomington and, when combined with MOA, makes up more than 20 percent of the City’s revenues. Unique amenities in and around MOA, including now the proposed water park at MOA, continue to pay dividends by attracting many new businesses, hotels, and restaurants to entertain and service our large number of visitors. MOA is thriving today.Īnd beyond MOA itself, the growth of Bloomington’s economy over the past 30 years is vindication that the bold decision was the right one. It has grown and evolved even as retailing and traditional malls have faced challenges. When faced with an empty Met Stadium in the late 1970s, Bloomington leaders considered their options and seized on the bold vision for that site – the grand venture that is Mall of America (MOA). In 2018, the City Council and Port Authority started work in earnest to find a way to deliver the water park project.īloomington has a long history of making bold decisions. Your written request should include information on your organization and what you intend to use the donation for.Ma– A large indoor waterpark has been in the plans at or near Mall of America since the mall project was conceived in the 1980s. *Mall of America does not fulfill monetary donation requests.Īll donation requests must be made in writing at least three months in advance of your event. Corporate fundraisers, incentive programs or events.Fundraiser programs for specific individuals.School groups, classes, proms or graduation parties.Part of this commitment involves donating items* to registered 501(c)(3) organizations for their special events, silent auctions and raffles.ĭue to Mall of America giving guidelines, we are unable to donate to: Mall of America ® and Nickelodeon Universe ® are committed to supporting our communities. Participants must be at least 16 years of age to be eligible to participate.Ĭontact by email for more to 501(c)(3) organizations Duties include, but are not limited to Rides, Food Services, Theatres, Guest Service and Housekeeping. Shifts are eight hours in length and are mainly available on the weekends during high traffic periods (maximum of two groups per day). The fundraising booster program is available to non-profit organizations looking to raise funds through working for Mall of America with a volunteer group of 6-10 people.
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