Elk River Economic Development Authority

by Joni Astrup Associate Editor Two commercial lots along Highway 10 have been donated to the city of Elk River. The lots are located near Joplin Street, just west of Westbound Liquor. The two 1.5-acre parcels have a total taxable market value of $261,400. Tom Hartman offered to give the lots to the city in [...]

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by Joni Astrup Associate Editor Elk River is moving ahead with soliciting proposals for a piece of public art reflecting the city’s Powered by Nature brand. The Elk River Economic Development Authority voted 6-0 Monday to move forward with the sculpture competition. The city is looking for a solar-powered clock, fountain, tree, sculpture or other [...]

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by Joni Astrup Associate Editor City officials are toying with the idea of launching a sculpture competition as the grand finale to Elk River’s Powered by Nature branding effort. The Elk River Economic Development Authority showed interest in the idea at a meeting earlier this month, but has not yet given the go-ahead to proceed. [...]

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by Joni Astrup Associate Editor The city of Elk River approved $2 million in public sector investments in local businesses in 2013, according to the Elk River Economic Development Authority’s year-end report. That investment is resulting in 30 new jobs, $8 million in private investment attracted, $6 million in taxable value added and 139,350 square [...]

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Dan Tveite has been re-elected president of the Elk River Economic Development Authority for 2014. Other officers were also re-elected at the EDA’s Jan. 21 meeting. They are Pat Dwyer, vice president; Matt Westgaard, treasurer; Paul Motin, secretary; and Bryan Provo, assistant treasurer.

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by Joni Astrup Associate Editor An uptick in interest from industrial prospects is prompting the city of Elk River to consider expanding a business park three years earlier than planned. Phase II of the Nature’s Edge Business Center was scheduled for 2017, but the city is looking at moving that up to 2014. Brian Beeman, [...]

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The Elk River Economic Development Authority (EDA) has approved a $74,999 energy efficiency microloan for Ralphie’s Victory Lane.  Brian Brehmer of Ralphie’s Victory Lane plans to renovate a gas station at the corner of Highway 10 and Joplin Street in Elk River. The loan money will be used to install high efficiency lighting and signs [...]

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by Joni Astrup Associate editor City financial incentives to businesses in Elk River have resulted in increased property values, tax revenue and jobs, according to a report from the Elk River Economic Development Authority (EDA). Tax abatement is one of the programs offered by the city to stimulate business development. Thirteen tax abatement projects have [...]

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