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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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
A company looking for helium beneath Northeastern Minnesota's forest floor said it found the lightweight gas this week, confirming an earlier 2011 finding.In a news release on Thursday, Feb. 29, British Columbia-based Pulsar Helium said its drilling rig encountered gases with a 12.4% helium concentration at depths of 1,750 and...
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...
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...
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...
The U.S. government will require companies that mine for cryptocurrency to report information on their energy use.The Energy Information Administration (EIA) has said that starting next week, it will “survey identified commercial cryptocurrency miners, which are required to respond with details related to their energy use.”“We will specifically focus on...
Respondents to the annual Minnesota Manufacturing Business Conditions Survey, conducted by the Minnesota Department of Employment and Economic Development (DEED) and the Federal Reserve Bank of Minneapolis, reported a cautiously optimistic outlook in their business indicators for 2024 compared to how their businesses performed against those indicators in 2023.Conducted between...
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...
Minneapolis-based Ryan Cos. US Inc. intends to purchase 179 acres of Thomson Reuters' campus in Eagan. The Minneapolis-based developer announced Thursday the agreement with Toronto-based Thomson Reuters, which had previously announced vacating a sizable portion of its total 263-acre campus. Ryan plans to redevelop the site.Click here to view the...