Gideon Toal, Inc. was retained by Weber and Company and Kimco Developers to develop an economic development strategy and negotiate the redevelopment of the vacant 800,000 square foot Montgomery Wards building and the surrounding 45 acre site into over 300,000 square feet of mixed-use retail including a SuperTarget anchor. Under a separate consulting contract, Gideon Toal represented Target Corporation for development of the SuperTarget. Gideon Toal prepared the financial information necessary to initiate an economic incentive request totaling $22 million in public incentives. The public incentives consisted of:

• 21-year City Program 380 Tax Rebate (Weber and Company)
• 21-year City Program 380 Tax Rebate (Target Corporation)
• 10-year Tax Abatements from Other Taxing Entities
• $850,000 in City Infrastructure Assistance

Gideon Toal managed the negotiations between the developer and the multiple taxing jurisdictions. This included an extensive cost/benefit analysis showing the impacts of the project on the community.

"Architecture by others"