$500 Million Duluth Redevelopment Project in Limbo

$500 million Duluth redevelopment project in limbo

The city was counting on New York developer Lazar "Luzy" Ostreicher to build Incline Village with 1,200 housing units on the site of the old Central High School in Duluth. The city had backed Ostreicher based largely on his other investments in Duluth. Now one of those, Endi apartments, is in trouble.

City of Duluth did not require proof of Incline Village developer’s financing before approving TIF subsidy

On June 2, 2025, Duluth Economic Development Authority (DEDA) Director Tricia Hobbs sent Luzy Ostrei... A subscription is required to access this article. Subscribe or click login below: The post City of Duluth did not require proof of Incline Village developer’s financing before approving TIF subsidy appeared first on Duluth Monitor.