FiveSouth was a planned mixed-use dense urban area contained with Fifth and Fourth Streets and Sweet and Bowen Avenues near the Bismarck Event Center. Coinciding with the announcement, the city considered establishing a new TIF district and $35 million dollars in infrastructure improvements. A 140-room Sheraton Hotel and CRAVE restaurant were attached to the project in 2016, but nothing else ever materialized. As of 2021, FiveSouth is considered dead.
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New TIF District Proposed For FiveSouth Project Infrastructure Upgrades
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