News

FiveSouth reducing TIF costs

Developers of the downtown mixed-use retail and residential FiveSouth project will reduce its $35 million tax increment financing district by nearly a third. With a reduction in building costs, Don Cardon of Cardon Development Group and other partners plan to go before the Bismarck City Commission during the first quarter of 2017 to update commissioners more »

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Retail center planned for TGI Fridays site

Retail center planned for TGI Fridays site

November 3, 2016 – Jodi Schwan Construction is starting near The Empire Mall at the site of the former TGI Fridays. A nearly 11,000-square-foot building is being built that could accommodate up to five retailers. One space will include a drive-through. Property owner Hegg Companies is close to leasing about 3,800 square feet for a more »

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Multimillion-dollar Bismarck development gets anchor hotel

BISMARCK, N.D. — Developers of a housing and retail complex proposed for downtown Bismarck have secured a Sheraton Hotel to serve as the project’s anchor. Cardon Development Group plans to break ground next March for the FiveSouth development. The public-private partnership will be in the area of the Bismarck Event Center and Kirkwood Mall, with more »

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FiveSouth development announces Sheraton Hotel

FiveSouth development announces Sheraton Hotel

By: Jessica Holdman, Bismarck Tribune Developers of the proposed downtown, mixed-use FiveSouth project have secured a full-service Sheraton Hotel and housing commitments to trigger $35 million in public infrastructure build-out. Groundbreaking is slated for March. “The contracts are done,” said Don Cardon of project developers Cardon Development Group. “We’re not going anywhere. FiveSouth will be more »

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