Update – Nicollet Mall reconstruction assessment

Shenehon-recommended property assessments to fund the Nicollet Mall renovation in Minneapolis have been communicated to more than 7,100 property owners affected by the assessment. The overwhelming majority of property owners have accepted their assessment, just two owners are formally appealing their assessment. City officials are pleased with the outcome of the assessment process.

Shenehon Company was hired by the City of Minneapolis to research and recommend the geographic area that would be impacted by assessments and to develop an allocation system to equitably assess properties based on their use, location, street frontage and size.