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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...
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...
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...
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...
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...
While it is still in its outreach phase, the Minnesota Department of Employment and Economic Development is rolling out the Employer Reasonable Accommodation Fund.The central funds are for small to medium-sized employers who can request reimbursement for expenses relating to reasonable accommodations for applicants and employees with disabilities.Those can range...
DEED Invests $13.6 Million in Training to Prepare Minnesotans to Enter High-Growth Industries
Jan 31 2024The Minnesota Department of Employment and Economic Development (DEED) announced nearly $13.6 million in workforce grants, its latest effort to help grow Minnesota's workforce and connect people to good jobs.DEED is awarding Pathways to Prosperity grant funding to 43 organizations across the state. This Pathways to Prosperity funding is expected...
In 2023, the US power and utilities industry raised the decarbonization bar, deployed record-breaking volumes of solar power and energy storage, and boosted grid reliability and flexibility—with a healthy assist from landmark clean energy and climate legislation. All of this will likely continue in 2024. Industry fundamentals were mixed, with...
The Minnesota Department of Agriculture (MDA) is now accepting applications for a new grant program to help strengthen Minnesota’s food supply chain.The Resilient Food Systems Infrastructure (RFSI) Grant Program offers competitive grants for Minnesota businesses and organizations operating middle-of-the-food-supply-chain activities that support local agricultural products. Up to $9.6 million in...
Governor Tim Walz and Lieutenant Governor Peggy Flanagan announced today that over $6 million in Child Care Economic Development Grants – the state's largest-ever round of these grants – are now open. These grants are aimed at expanding access to child care and meeting the needs of working families.The Minnesota...
Minnesota is giving out nearly $2.4 million in workforce grants aimed at helping underserved adults enter new workforces, the state announced late last week.The state’s Department of Employment and Economic Development (DEED) will distribute the grants in two major chunks, which will be disbursed to 24 organizations across the state...