Business Resources

Business Resources

• Business Ready Infrastructure Information (PDF)
• City-Owned Commercial Sites (PDF) (currently available)
• Community Development Update (PDF) (August 2021)
• Demographics / Economic Profile (PDF) (2018)
• Wright County Economic Development Video

Financing Options

• City Financing Options
  • A range of financial assistance programs may be available to new and growing businesses.
  • For more information please contact: Planning Specialist David Kelly by email 
  • Local Assistance Programs - Tax Increment Financing (TIF)
  • Low-Interest Loan Gap Financing Programs for Qualified Projects - Housing and Redevelopment Authority
• Other Potential Programs Available
  • Grant and Loan Programs through the State of Minnesota - Department of Employment and Economic Development
  • Small Business Programs and Assistance with Business Plans - Wright County Economic Development Partnership
  • Grants and Financing Assistance - Initiative Foundation

Development Projects

Downtown Housing

• Alo Apartments: 204 1st Avenue NW (Opened Fall of 2020)
  • 60-Unit All Ages Apartments (Studio, One, Two and Three- Bedroom) Additional information about how tax credit financing for housing works can be found here: Tax Credit Housing - Alo Apartments (PDF).
• Havenwood:150 Division Street E (Opened June of 2020)
  • 90-Unit Senior Housing (Combination of Apartments, Assisted Living and Care Suites)