![St. Cloud EDA Buying Back Arctic Cat Property in Business Park](https://townsquare.media/site/67/files/2022/10/attachment-St.-Cloud-City-Hall.jpg?w=980&q=75)
St. Cloud EDA Buying Back Arctic Cat Property in Business Park
ST. CLOUD (WJON News) -- The St. Cloud Economic Development Authority is moving forward with buying up some underdeveloped land in the I-94 business park.
The EDA wants to buy 17.9 acres from Arctic Cat.
Back in September 2016, the parties entered into a contract for the private development of a manufacturing and testing facility on the property. However, in 2017 Textron acquired Arctic Cat and the project was postponed.
Now the company no longer has a use for the property.
The purchase price for the land is $567,500 with the EDA and St. Cloud Opportunities each paying half.
![AM 1240 WJON logo](https://townsquare.media/site/67/files/2021/11/attachment-wjonam-alexacard-big.jpg?w=100)
Get our free mobile app
Once the sale is complete, the property will be marketed for sale and development.
Come Explore Royalton, Minnesota in Pictures
More From AM 1240 WJON
![St. Cloud Man Charged With Arson Following Apartment Fire](http://townsquare.media/site/67/files/2024/07/attachment-James-Lund.jpg?w=980&q=75)
![Emergency Repairs Underway at St. Cloud Wastewater Forcemain](http://townsquare.media/site/67/files/2019/01/Wastewater.jpg?w=980&q=75)
![St. Cloud Native Making A Difference In Flooded Waterville](http://townsquare.media/site/65/files/2024/07/attachment-Waterville-Minnesota-Google-Maps.jpg?w=980&q=75)
![Stearns County Board Approves Plan for New Justice Center](http://townsquare.media/site/67/files/2019/07/20190712_182139.jpg?w=980&q=75)
![St. Cloud Sets Opening Date for Wading Pools](http://townsquare.media/site/67/files/2023/06/attachment-Rotary-Park-Wading-Pool-6-2-23.jpg?w=980&q=75)
![Yum! Minnesota Woman Creating ‘Ultimate Minnesota Pie Bucket List’](http://townsquare.media/site/65/files/2024/05/attachment-Image-Credit-priscilla-du-preez-via-unsplash-Canva.jpg?w=980&q=75)
![UPDATE: St. Cloud’s Barbie House Crowned Ugliest House in America](http://townsquare.media/site/66/files/2024/05/attachment-GettyImages-1486206529.jpg?w=980&q=75)
![Electrolux Recall: Is Your Stove At Risk Of Spontaneously Turning On?](http://townsquare.media/site/65/files/2024/05/attachment-GettyImages-454967326.jpg?w=980&q=75)
![MN Nice? You Won’t Believe The Rude Note Left In My Neighborhood!](http://townsquare.media/site/65/files/2024/05/attachment-Image-Credit-michael-carruth-via-unsplash-Canva.jpg?w=980&q=75)