SIOUX FALLS, S.D. (KELO)– The City of Brookings and Linchpin Corp. have agreed to terminate the development agreement for redevelopment of the Armory property.
This building is in downtown Brookings. Linchpin’s plans for this building included event space, a restaurant, and an upscale hotel.
“The decision reflects the realities of today’s financing and development environment. Over the past several years, both the City and Linchpin worked diligently to pursue every reasonable opportunity to make the project viable, according to Brookings City Manager Paul Briseno,” said the City of Brookings Government in a social media post…