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Oil-rich North Dakota county OKs 200-acre Williston Crossing development for $500 mln shopping hub

April 9, 2015 /

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One of North Dakota’s largest oil-producing counties has approved a $500 million development with new stores, apartments and an indoor water park.

The project shows that even with a 50 percent drop in crude oil prices since last summer, developers see long-term potential in building amenities to serve the state’s oil counties, which the U.S. Census Bureau has ranked as one of the country’s fastest-growing regions for the past four years.

The Williams County Board of Commissioners voted 3-2 on Tuesday to approve a zoning variance for Switzerland-based developer Stropiq LLC to build the roughly 200-acre Williston Crossing development.

By Ernest Scheyder

Full Story: http://www.reuters.com/article/2015/04/07/north-dakota-stropiq-idUSL2N0X41AO20150407?feedType=RSS&feedName=everything&virtualBrandChannel=11563

(Many thanks to Ray Trumpower for sharing this. )