RED WING, MN, February 09, 2012
/24-7PressRelease/ -- Red Wing joins fifteen other MN cities in being certified by the Minnesota Department of Employment and Economic Development (DEED) as shovel ready, which means big incentives for businesses to bring in local jobs. This certification provides enhanced visibility for the community as a resource for new and expanding businesses, bolstering Minnesota's economy.
Shovel-ready sites position Minnesota communities as extremely attractive to businesses and new development projects because they reduce the time, expense, unpredictability and risk of development. Certification means the planning, zoning, environmental studies, title work, public infrastructure and other pre-construction activities are complete. This is especially appealing to new and expanding business because today's fast-paced market often forces immediate start-up. With shovel-ready sites, company development, job creation, and product delivery happens almost instantly.
The certification also gives the community a competitive edge. Shovel-ready sites will be heavily marketed nation-wide and establishes Minnesota communities as progressive, business-oriented and prepared for new development. Shari Chorney, business development director at the Red Wing Port Authority, acknowledges the boon the certification will give the community. "The Port Authority is excited about the ability to market directly to site selectors. Red Wing is looking forward to the increased traffic that a shovel-ready site will provide."
Description of the Red Wing site:
Red Wing is located 60 miles south of the Twin Cities and has 17 acres of certified shovel-ready land owned by the Red Wing Port Authority available for light industrial development. The site offers multiple transportation, utility, and financing options. There is ready-access to highway, air, rail and water transportation. The city of Red Wing has a cable franchise agreement with Hiawatha Broadband Communications, Inc, becoming a community that offers business and residents fiber-to-the-home services. Red Wing's Port Authority offers a variety of financial incentives and loan programs, including tax incentives available under the Job Opportunity Building Zone (JOBZ) program.
Contact: Shari Chorney
Tel: 651-385-3639
E-mail: shari.chorney@ci.red-wing.mn.us
Website: http://www.redwingportauthority.org
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- business, commercial, deed, development, economic, expansion, land, minnesota, property, red, shovel-ready, wing
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