GRAND FORKS – The Grand Forks HIVE building is expected to generate nearly $400,000 in revenue this year before additional contributions from the Grand Forks Jobs Development Authority, less than the $515,000 in expected expenditures for the year.

And while originally not a fan of the purchase, Grand Forks Mayor Brandon Bochenski said the transformation of the former Grand Forks Herald building into a tech accelerator and unmanned aircraft system industry hub has made the facility a worthwhile investment.

A $1.1 million grant from the U.S. Economic Development Administration was “the hinge” for Bochenski, he said, allowing the building to move forward as a UAS-specific tech accelerator.

“All of that came to fruition, so I think we’ve gotten the most out of the building,” said Bochenski,

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