$9 million project aims to revitalize vacant Union Storage and Transfer complex

Union Storage complex in Fargo

The Union Storage Building, seen Thursday, Feb. 13, 2014, at 1026 NP Ave., Fargo, N.D., may undergo a $9 million renovation. Michael Vosburg / Forum Photo Editor

FARGO The Fargo Renaissance Zone Authority gave its blessing Thursday to a $9 million project that aims to transform the vacant Union Storage and Transfer complex on NP Avenue into upscale apartments, and commercial and retail space.

The application for Renaissance Zone property tax breaks will now go to the City Commission, along with a request from the developers, NP Avenue LLC, for other property tax breaks tied to payments in lieu of taxes, or PILOT incentives.

Developers are also pursuing state and federal income tax credits based on the historical significance of the complex, which is on the National Register of Historic Places.

Jessica Barner Alsop, who is developing the property with business partner John Williams, told Renaissance Zone Authority members the target market for apartments will be individuals and couples who want to live downtown.

The plan involves two buildings.

The Union Storage site, called the west building, has a basement, three upper floors and about 34,000 square feet of space.

The east building, the former Armour Creamery, has a basement, four upper floors and about 45,000 square feet of space.

Alsop said the west building will be retrofitted to accommodate retail and commercial space, while the east building could house 40 or more apartments and 22 underground parking spaces.

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$9 million project aims to revitalize vacant Union Storage and Transfer complex