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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...
Great River Energy strives to provide the best index of shovel-ready sites in Minnesota possible with its available land and buildings page and associated search tools. Search filters sort sites by suitability for any business.Find the Perfect Location With a List of Shovel-Ready Sites in Minnesota Type filters allow developers to...
GRE highlights two data center-targeted development ready sites in Minnesota available for tech businesses interested in expansion. Northport Industrial Park Data Center Site features 2 parcels each totaling 25 acres, near a town with a 100,000-person population suitable for recruitment or relocation. The site is expandable and subdividable.Explore Expandable Development...
In the dynamic landscape of today’s job market, the struggle to secure suitable housing options has emerged as a formidable barrier to employment for many individuals. The shortage of workforce housing options affects workers’ livelihoods and obstructs the economic prosperity of communities.Prospective employees are often forced to compromise on job...
DEED: Minnesota PROMISE Act Funding to Support Disadvantaged Small Businesses is Becoming Available
Mar 27 2024Applications for the first round of funding from the Providing Resources & Opportunity & Maximizing Investments in Striving Entrepreneurs (PROMISE) Act are becoming available from the Neighborhood Development Center (NDC), the Minnesota Initiative Foundations and the Metropolitan Economic Development Association (MEDA). The Minnesota PROMISE Act, created by the Minnesota Legislature...
Grand Rapids Herald Review: Hospitality and nature are key priorities for Sugar Lake Lodge
Mar 27 2024Abigayle and Tim Oxborough moved back to Grand Rapids in 2017. They planned on helping Abigayle's parents run Sugar Lake Lodge in the summers and live somewhere else in the winter. Sugar Lake Lodge was built in 1993 by Abigayle's parents. It was where she grew up. She said she...
Today, the Minnesota Department of Employment and Economic Development (DEED) announced $2.7 million in Robotics Teams and STEM Internships Program grant awards to eight nonprofit organizations and education institutions across the state.This competitive grant program, offered through DEED's Office of Youth Development, provides grants to organizations to support high school...
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...
Pastoral places that used to host horse farms and tractor pulls will soon power the artificial intelligence we use for everything from streaming services to driverless cars.That is because AI requires real infrastructure, and the capital investment needed to build that infrastructure does not come cheap.Newmark, in its 2023 U.S...
Van Buren Township, less than 30 miles outside downtown Detroit, was already part of the great auto supply chain in the Upper Midwest, but now it’s playing a much larger role. In October, a company called Our Next Energy began production of lithium-ion phosphate battery cells, the first fruits of...
Heimdall Power and Great River Energy, the power cooperative providing electricity to 1.7 million in the Upper Midwest, today announced the largest Dynamic Line Rating project (DLR) in the U.S. to date.To increase the transmission capacity of its existing infrastructure, Great River Energy will install 52 of Heimdall Power’s Neurons...
The United States is facing a new energy crisis — one that could make the climate crisis even worse.After more than 30 years of falling or flat demand for electricity, electric utilities are forecasting the nation will need the equivalent of about 34 new nuclear plants, or 38 gigawatts, over...
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...
Investments in electrification and intelligent digital technologies are actively reshaping the landscape of industrial real estate, precipitating a surge in electricity demands that challenge conventional development paradigms. As constraints on power availability become more acute, embracing a utility-first approach emerges as imperative, necessitating a delicate balance between the needs of...
A look through the data collected by the Conway Projects Database in 2023 sends a clear signal that the world is under construction. In comparison to the prior year, the top industries only saw one change in the ranks, thanks in part to a multi-billion-dollar project investment boom seen around...
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...
BusinessNorth: The winter that wasn’t
Mar 15 2024The fire that destroyed the historic Lutsen Resort last month was devastating. Fortunately, no one was booked there that night. That lack of guests in the middle of the North Shore region’s usually busy winter season was telling, a prime example of how this has been the winter that wasn’t.In...
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...
Meeker County-based Vibrant Broadband is one of two providers who will receive state funds to expand rural internet service in Kandiyohi County.Kandiyohi County Economic Development announced Tuesday, March 5, that the Minnesota Department of Employment and Economic Development awarded $8.8 million to support broadband internet projects in rural Kandiyohi County...
An Expensive TransitionTechnology advances and regulations around electrifying medium- and heavy-duty vehicles are leading many fleet owners and operators to transition to electric sooner than they might have originally planned. This accelerated timeline presents a critical question: can fleets afford to pay for the transition from diesel to electric vehicles...
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...