This rendering shows what the Sick tech campus will look like. Image: Clow Berg Inc. via city of Bloomington
A German sensor-maker is moving forward with a $100 million technology campus in Bloomington that will eventually bring 700 new jobs to the city — with an annual average salary of $81,000.
Driving the news: The company, Sick USA, already has an operation in Bloomington, but has been working on plans for a new manufacturing and office campus just east of the Mall of America.
- The project would be built in four phases over 14 years.
- The city will tap into tax-increment financing and liquor taxes to provide up to $30 million in financial assistance, primarily for a potential parking ramp, according to Finance & Commerce.
What's next: Pending city approvals, Sick plans to break ground in May on the first phase, a one-story, 120,000-square-foot building.
This story first appeared in the Axios Twin Cities newsletter, designed to help readers get smarter, faster on the most consequential news unfolding in their own backyard.
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