SEDA brochure
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Grow with us!<br />
S T A P L E S<br />
E C O N O M I C<br />
D E V E L O P M E N T<br />
A U T H O R I T Y
Staples<br />
25 miles<br />
Welcome to Staples! I invite you to explore all the<br />
opportunities our city has for your business.<br />
From a history of solid planning, commitment, and<br />
investment, Staples is projecting a strong future of<br />
growth and economic vitality.<br />
Our city has made large investments in infrastructure.<br />
Residents enjoy countless recreational and cultural<br />
opportunities. Our school district offers our children<br />
75 miles<br />
a well-rounded education along with amazing<br />
opportunities to excel. Lakewood Health System is<br />
2<br />
Staples is located at the intersection of Highways 10<br />
and 210 – in the heart of Minnesota. The location gives<br />
easy access to major metropolitan areas and allows<br />
Staples to retain its independent business community.<br />
125 miles<br />
recognized as one of our state’s best. Central Lakes<br />
College has an active, well-respected branch in Staples.<br />
This is an exciting time for our Central Minnesota city.<br />
Be a part of the adventure – as a new business owner.<br />
Contact our <strong>SEDA</strong> office today to inquire about<br />
starting or relocating your business.<br />
We look forward to working with you!<br />
INDEX pg 2 - LOCATION pg 3 - WELCOME pg 4-5 - CITY DEVELOPMENT pg 6-7 - BUSINESS HIGHLIGHTS pg 8-9 - DEMOGRAPHICS pg 10-11 - <strong>SEDA</strong><br />
Chris Etzler - MAYOR, <strong>SEDA</strong> PRESIDENT<br />
Grow with us!
The City of Staples has been busy<br />
constructed. Staples also partnered<br />
Residents and business leaders started<br />
Staples is well served by busy highways, the BNSF Railroad<br />
over the last 10 years. During this time, the<br />
with the MN Design Team for visual<br />
a Staples Thriving Communities Initiative<br />
and the Staples Airport. Approximately 10-15,000 vehicles*<br />
City built a new water treatment plant, a<br />
improvements.<br />
(STCI). The three STCI task force focus<br />
pass along highways 10 and 210 daily. The airport has a 3,300<br />
new city hall and library, and a new police<br />
station. MnDOT realigned Highway 10<br />
through town. The City and local businesses<br />
made investments and improvements<br />
along the new highway.<br />
A new highway overpass was<br />
As businesses continue to expand and<br />
job projections increase, Staples is now<br />
planning for growth.<br />
In 2016, the city completed a housing<br />
study to assess present and future needs.<br />
areas are Quality of Life, Skilled Workforce,<br />
and the Economy. A comprehensive<br />
city visioning guide is currently being<br />
completed. Find information about<br />
GoStaples 2035 on the City’s<br />
website (staples.govoffice.com).<br />
ft hard surfaced runway lit with an instrument approach and<br />
taxi way. It is located next to an expanding industrial park.<br />
Within the 154-acre industrial park, the city owns and<br />
maintains a 15,000 sq ft incubator building. This industrial<br />
building has four bays with ample electrical access. Rental<br />
rates start at $4.00/sf/yr. Industrial and manufacturing<br />
incentive packages may be available.<br />
Build or lease options are available in Staples for businesses<br />
of all sizes. The city has open commercial and industrial lots<br />
along with office space and storefronts.<br />
“Staples has proven to be a great, central location for<br />
our staff as well as the education, government, and<br />
nonprofit members we serve. The local community is<br />
supportive and provides a much sought-after lifestyle<br />
for the professionals we employ.”<br />
Dr. Chad Coauette - NJPA<br />
*The numbers shown are from the last count in 2014. For current traffic counts,<br />
please refer to MnDOTˆ’s website at http://mndotgis.dot.state.mn.us/tfa/Map<br />
Grow with us!
“The Timberlake Hotel is built in Staples because our<br />
family saw potential in the market and a very vital<br />
community that is willing to support new innovation<br />
and business development. That is a winning synergy!”<br />
Mary Ives – TIMBERLAKE HOTEL<br />
Open for business!<br />
<strong>SEDA</strong> actively works to attract, develop and support<br />
economic growth – startups, franchises, company<br />
expansions, industrial, and manufacturing.<br />
The new Timberlake Hotel opened for guests in<br />
mid-2017. The hotel has 52 rooms including extended<br />
stay suites, king suites and spa suites in addition to<br />
standard rooms. Timberlake Hotel also manages a newly<br />
refurbished restaurant and event center in Staples.<br />
Our businesses are growing! Our largest employers are projecting to hire an additional 300-400 people over the next 5 years.<br />
Lakewood Health System, Stern Rubber, our largest National Joint Powers Central Lakes College<br />
a nationally recognized and manufacturing business, is Alliance (NJPA) has just invested in a comprehensive<br />
award-winning healthcare set for expansion in 2017. completed an expansion remodel of its Staples Campus<br />
facility, is in the process of Stern anticipates hiring an which doubled the size of in 2016 to facilitate its strong<br />
a $15M expansion.<br />
additional 200 employees their facility. NJPA plans to course offerings in agriculture,<br />
Lakewood is planning to over the next 3-5 years. hire an additional 80-100 energy, manufacturing, and<br />
hire approximately 100 new<br />
employees in the next<br />
heavy equipment.<br />
employees over the next<br />
three years.<br />
five years.<br />
“Lakewood continues to grow because the people who work there are passionate about what they do and strive<br />
continuously to meet the needs of our patients and residents. They are people who care and get involved which makes<br />
the Staples area a great place to live and raise a family. Working and living with people you can always count on makes Staples<br />
a very special place.”<br />
Ti mRi c e – LAKEWOOD HEALTH SYSTEM<br />
A new townhome development, creating 34 rental units,<br />
was also completed in 2017. The Pullman Townhomes<br />
were created in direct response to needs identified in the<br />
City’s recent housing study.<br />
Grow with us!
values in a<br />
f products sold<br />
each category’s<br />
TOP EMPLOYMENT BY INDUSTRY<br />
PARTICIPANT<br />
Healthcare/Social Assist:1546<br />
Educational Services: 430<br />
Manufacturing: 255<br />
Fundraiser Results by Salesperson<br />
Retail Trades: 207<br />
Information:157<br />
UNITS SOLD<br />
Graduate Degree 10<br />
Some High School 13<br />
Graduated High School 35<br />
Associates Degree 21<br />
Bachelor’s Degree 22<br />
Median<br />
Age: 39<br />
POPUL ATION:<br />
3004<br />
(2016 count)<br />
Age 18+: 2313<br />
Daily Commuters<br />
Traffic Count<br />
(MnDOT 2014)<br />
2,000 *<br />
HWY 10 - 10,000<br />
vehicles passing daily<br />
HWY 210 - 5,800<br />
vehicles passing daily<br />
Life in Staples<br />
Living and working in Staples means more time and energy to enjoy<br />
life - not just sit in your car! Use your former commute time to be<br />
home earlier, see your kids’ games, attend a play, or go tubing down<br />
the Crow Wing River!<br />
22<br />
Degree Bachelor’s Degree<br />
$<br />
HOUSEHOLD INCOME<br />
Median $36,523<br />
Average $46,351<br />
HOME VALUES<br />
Median $96,875<br />
Average $114,043<br />
21%<br />
22%<br />
Pie Chart<br />
*<br />
MN DEED<br />
Additional community profile data for the city of Staples can be found on toddcountydeveloment.org/communities.<br />
10%<br />
35%<br />
13%<br />
Graduate Degree<br />
e<br />
Some High School<br />
Graduated High School<br />
Associates Degree<br />
Bachelor’s Degree<br />
Graduate Degree<br />
Some High School<br />
Graduated High School<br />
Associates Degree<br />
Bachelor’s Degree<br />
Grow with us!
Business Financing Partners<br />
3 MN DEED financing and tax incentive programs<br />
3 Tax Increment Financing<br />
3 Todd County Development Corporation<br />
3 Initiative Foundation<br />
3 North Central Economic Development Association (NCEDA)<br />
3 North Central Small Business Development Center<br />
3 Todd-Wadena Electric Cooperative<br />
3 Building Incentives<br />
3 <strong>SEDA</strong> loan funds<br />
3 Competitive local banks<br />
From idea to business launch, <strong>SEDA</strong> has the<br />
resources and experience to help bring your<br />
business to life. <strong>SEDA</strong> works to partner with<br />
Staples’ business community for long-term<br />
success: attract and start new businesses;<br />
assist existing businesses with expansion<br />
needs; and use financing and incentive<br />
programs where possible.<br />
3 Start Up Planning and Education<br />
3 Business Consulting Services<br />
3 Commercial and Industrial Lots<br />
3 Office and Storefronts Available<br />
“Stern Rubber originally moved to Staples, and has continued<br />
to invest in the Staples facility, mainly due to the support of the<br />
community, including the City of Staples, and <strong>SEDA</strong>.“<br />
Bob Jackson – STERN RUBBER<br />
Grow with us!
FIND OUT MORE:<br />
staples.govoffice.com<br />
greaterstaples.com<br />
mn.gov/deed<br />
staplesmotleychamber.org<br />
toddcountydevelopment.org<br />
clcmn.edu/small-business-development-center<br />
S T A P L E S<br />
E C O N O M I C<br />
D E V E L O P M E N T<br />
A U T H O R I T Y<br />
Melissa Radermacher<br />
l<br />
(218) 894-2550 mradermacher@ci.staples.mn.us<br />
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