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Minnesota’s recent industry hub designations are propelling the state to the forefront of innovation and economic growth. These designations, such as the Clean Hydrogen Hub, the Med-Tec 3.0 Hub and the Sustainable Aviation Fuels Hub, recognize Minnesota’s leadership and offer significant benefits to businesses, investors and electric cooperatives in the...
Businesses eager to expand quickly should take advantage of new shovel ready sites in Minnesota. Subdividable 4-parcel site Lonsdale Business Park has already finished its environmental audit and contractors have already installed all necessary utilities infrastructure.Shovel-Ready Sites in Minnesota Support Large Construction Projects Data centers and technology companies who need building...
Minnesota Gov. Tim Walz recently announced over $50 million in grants to expand broadband access to an estimated 8,900 homes and businesses throughout Minnesota, including areas served by two of Great River Energy’s member-owner cooperatives.“We’re investing in broadband infrastructure statewide to help thousands of Minnesotans connect to jobs, education, healthcare...
Data center development-ready sites in Minnesota are a hot commodity courtesy of new tax incentives. Qualifying investments may benefit from 20-year sales tax exemptions on energy and valuable hardware, and lifetime tax exemptions on inventory, software, and IT services.R&D Grants Available for Companies Building On Development-Ready Sites in Minnesota Organizations that...
Access to housing is a challenging theme in communities throughout the United States. Housing shortages exist for nearly all demographics and age brackets. The State of the Nation’s Housing 2023, a report published by the Joint Center for Housing Studies of Harvard University, indicates major barriers exist, regardless of price...
The Minnesota state government offers capital incentives for new and expanding businesses that develop in shovel-ready sites in Minnesota. There are several development sites in Great River Energy’s territory that can qualify for these incentives.It Pays to Build In A Shovel-Ready Site in Minnesota Businesses that create and maintain at least...
Great River Energy provides resources for businesses to take advantage of the many development-ready sites in Minnesota. We are a not-for-profit organization owned by our members, who invest all surplus earnings back into our communities. As a result, our goal is to help businesses start and grow in our territory...
Mille Lacs Corporate Ventures (MLCV) has begun the construction on its first full-scale cannabis cultivation facility spanning 50,000 square feet. Situated directly behind Grand Casino Mille Lacs in Onamia, Minnesota, the entire cannabis operation – from seed to sale – will be managed by MLCV. The facility is set to...
In 1936, East Central Energy was formed with the sole purpose of bringing an increasingly needed service to the rural areas of East Central Minnesota: electricity. Nearly 90 years later, the cooperative is repeating history by bringing another increasingly needed service to the rural areas of East Central Minnesota and...
A developer is proposing an approximately 122-acre mixed-use project in Garrison along Mille Lacs Lake, featuring 275 residential units and a 144-room lodge.Yale Holdings plans a 3-story lodge, up to 189 single-family homes and 86 condos, according to an environmental review notice filed with the Minnesota environmental Quality board (EQB).The...
Several shovel-ready sites in Minnesota close to major transportation routes are ready to support businesses of any industry.Shovel-Ready Sites in Minnesota for Business Parks, Data Centers, and Industrial SitesThe following business parks have shovel-ready sites ready for occupancy in Minnesota. The St. Cloud Airport Business Park is located just off...
Another record-setting year. That’s what the data center industry enjoyed in 2023, according to the latest research from Colliers.According to Colliers’ 2024 Data Center Marketplace report, the overall U.S. data center vacancy rate tumbled to 1.7% last year, with demand for data center space especially strong in markets such as...
As the world grappled with the challenges posed by the COVID-19 pandemic, the childcare sector emerged as a critical cornerstone for supporting working families and ensuring the healthy development of young minds. Adequate childcare is a necessity for parents and a vital component of a thriving economy. This narrative delves...
Great River Energy’s site exploration tool offers filters that make it easy for companies to find development-ready sites in Minnesota that suit their needs. Useful filters include lot price, acreage, parceling, and zoning for business, industrial, or data center usage. Information about high-speed telecom and other utilities, shovel-ready status, and...
With support from an Age Friendly Minnesota grant, NORTHFORCE has developed a Returnships Toolkit as a free resource to help employers widen applicant pools, follow fair hiring practices, and reduce ageism in the workplace. The toolkit contains information on returnships and agism, along with tips and best practices for starting and...
Star Tribune: British defense contractor BAE to build factory in Maple Grove, promises up to 500 jobs
Feb 13 2024British aerospace and defense company BAE is expanding its Minnesota operations with a manufacturing facility in Maple Grove.BAE Systems Land & Armaments plans to hire up to 500 workers. It will be the tenant in a 167,000-square-foot complex Opus Development plans to build in Maple Grove, according to city plans...
In the era of digital communication, economic development organizations are navigating a landscape where compelling storytelling and effective communication are crucial to attracting businesses, investors, and talent. The significance of having custom content on your economic development website goes beyond being a luxury – it becomes a strategic necessity.Click here...
Minneapolis-based Ryan Companies US, Inc. has a deal in place to acquire part of the Thomson Reuters campus in Eagan for new development to be determined.The sale and purchase agreement with Thomson Reuters, announced Thursday, includes 179 acres of the company’s 263-acre campus in Eagan, Ryan said in a press...
JLL: Getting data centers ready for the AI boom
Jan 18 2024The buzz around artificial intelligence (AI) that erupted in the past year turned commercial real estate’s attention on data centers: namely whether they could support the pace of AI’s quickening advance, from building design and rack densities to its environmental impact and compliance with evolving government regulations.“Data centers only rose...
Industrial real estate is key to establishing an efficient supply chain. There are several critical business imperatives such as growth or new market entry, contraction and cost takeout, mergers and acquisitions or spinouts, changes in the customer promise, and risk mitigation efforts that can create opportunities for change within a...
The future of power is electric cooperatives
Dec 21 2023Great River Energy’s member-owner cooperatives don’t just power their communities. They fuel economic growth. We work hard to connect businesses with the resources they need to grow. Our commitment to providing competitively priced, reliable energy, and helping customers manage their energy needs plays an important role in our economic development...
Great River Energy and its 27 member-owner cooperatives believe that when communities work together, we all do better. Which is why we’re committed to providing a strong foundation for the communities we serve by powering them with affordable, reliable, cleaner electricity. Beyond that, we’re focused on our social responsibility.Electric cooperatives...
For years, Great River Energy and our member electric cooperatives have invested in major industry initiatives, demonstrating new technologies and educating members and stakeholders through pilot projects. We recognized the growing momentum for the electrification of Minnesota’s economy several years ago and developed Revolt™.Great River Energy electric cooperatives offer renewable...
USDA Seeks Applications to Advance Economic Development and Create Jobs for People in Rural America
Dec 5 2023The U.S. Department of Agriculture (USDA) Rural Development announced today that it is accepting applications to advance economic development and create jobs for people in rural America.USDA is making this funding available under the Rural Business Development Grant program to support business opportunities or business enterprise projects in rural communities...