A Great Place. - LindstromSmall Business Development Center (SBDC): A free and confidential service...
Transcript of A Great Place. - LindstromSmall Business Development Center (SBDC): A free and confidential service...
City of Lindström | Economic Development Authority |13292 Sylvan Ave Lindstrom, MN 55045 | (651) 257-0620 | www.lindstrom.mn.org
A Great Place.
Välkommen till Lindström! -Welcome to Lindstrom-
Welcome!
Thank you for taking the time to consider the City of Lindstrom. If you are reading this, you have
taken the first step to what we believe will make your business successful. Our location, educated
workforce and access to the metro area and to a large local population will provide you the opportunity
to grow your business. Here’s why; Lindstrom is located an easy 35 minute drive from the metro area, our
median household income is above the average at $65,739, we have educated residents as 59% of the over
25 year old population living within 10 minutes of the City have some college with 35% of those having
Associate Degrees and above, and there are 77,000 potential customers that live within 20 minutes of our
City. If you locate your business here you will have all these advantages to work with.
But, don’t just bring your business; we’d love to meet your family. We boast easily accessible rec-
reational activities including; skiing, hiking, fishing, canoeing, snowmobiling, hunting, and boating on our
many lakes. Lindstrom also has a great supply of affordable housing in many different lifestyle options
and economic levels. And, the Chisago Lakes School District is one of the best in the State.
Your business and your family will love being in Lindstrom. Please, take the time to investigate
our undiscovered opportunities. You’ll be surprised at what we have to offer.
Respectfully,
Keith V. Carlson
Mayor of Lindstrom
In these pages you will find
the information, resources and
organizations that will help
connect you to Lindstrom. Location
Community Profile
Downtown Lindstrom
-Swedish Heritage
-Testimonials
Business Resources
Local Banks & Credit Unions
Who to Contact
Available Sites &
Additional Information
Nearly 18,000
cars pass
through
Lindstrom
each day
Just 35
minutes to the
Minneapolis
St. Paul
Metro
Lindstrom
or bust!
Minneapolis/St. Paul
COMMUNITY PROFILE POPULATION
City of Lindstrom 4,442
10 minute radius¹ 16,337
20 minute radius¹ 76,473
30 minute radius¹ 177,220
AGE DEMOGRAPHICS
Median Age 39.1
Population 18+ 37.6%
RACE/ETHNICITY
White 97%
Two or more races 1.4%
Hispanic or Latino 1.2%
Asian 0.6%
African American/Black 0.4%
American Indian or Alaskan Native 0.2%
Other 0.3%
EDUCATIONAL ATTAINMENT
18+ High School Graduate or Higher 91.6%
18+ Bachelor’s Degree or Higher 28.5%
HOUSEHOLDS
Family Household 71.3%
With own children under 18 23.7%
Non-Family Household 28.7%
Owner-Occupied Housing 84.7%
Renter-Occupied Housing 15.3%
Median Home Value $202,200
HOUSEHOLD INCOME
City of Lindstrom– Mean Income $64,268
City of Lindstrom– Median Income $54,014
10 minute radius¹ $65,739
20 minute radius¹ $65,947
30 minute radius¹ $73,480
EMPLOYMENT BY INDUSTRY
Agriculture, forestry, fishing and hunting, mining 1.4%
Construction 9.9%
Manufacturing 14.5%
Wholesale trade 3.1%
Retail trade 5.3%
Transportation and warehousing, utilities 2.2%
Information 1.1%
Finance and insurance, real estate, rental and leasing 4.9%
Professional, scientific, management, administrative services,
waste management services
9.3%
Educational services, health care, social assistance 33.7%
Arts, entertainment, recreation, accommodation, food services 7.5%
Public administration 4.9%
Other services 2.3%
MAJOR EMPLOYERS IN CHISAGO LAKES AREA² # employees
Fairview Health Services (Whole of Chisago County) 1,250
Hazelden Betty Ford Foundation, Center City MN 800
School District 2144, Lindstrom MN 560
Chisago County, Chisago City MN 300
Shafer Contracting, Shafer MN 257
Plastic Products, Lindstrom MN 150
Wild Mountain, Taylors Falls MN 150
Brink’s Market, Chisago City MN 52
Kendall Howard, Chisago City MN 44
Haus Specialty Manufacturing, Chisago City MN 36
Smith Metals, Center City MN 24
Sven Clogs, Chisago City MN 18
All figures from U.S Census Bureau unless otherwise noted.
(1) Greater MSP Market Profile 2014
(2) Chisago County HRA/EDA
BUSINESS TESTIMONIALS Renee Lynn Photography & In the Moment Boutique
“I chose to expand from photography to a boutique because of the great retail opportunities in Lindstrom .” - Renee Lynn Dabill
Meredee’s Bistro “Moving to Lindstrom helped my business expand tremendously.” - Shelly Refshaw
Up North Fine Art Gallery “I’ve been in Lindstrom many years and find it the place to do business in Chisago County.” - Mary Ann Jindra
Northwood’s Roasterie “I am building community in Lindstrom, one cup at a time!!” - John Renaker
Mission: Increasing quality commercial developments, while preserving a small town atmosphere.
Development Assistance:
Tax Increment Financing/Tax Abatement
Fascia improvement loan
City owned redevelopment sites
Listing of available sites and buildings
Assistance through the city’s development process
www.cityoflindstrom.us/eda.htm
(651) 257-0620
Provides assistance to new and expanding businesses throughout the county
Business Assistance:
Site Selection
Financial Packaging
Referral resource for federal, state, regional and local programs
Small Business Development Center (SBDC):
A free and confidential service for start up and established small business owners
Business Planning
Marketing
Start-up
Research
Loan Packaging
www.chisagocounty.org
(651) 674-5664
Mission: Create and promote a healthy business environment
to enhance our communities for opportunity and growth.
Opportunities:
Networking
Marketing
www.chisagolakeschamber.com
(651) 257-1177
Business Resources LINDSTROM ECONOMIC DEVELOPMENT AUTHORITY (EDA)
CHISAGO LAKES AREA CHAMBER OF COMMERCE
CHISAGO COUNTY HRA/EDA Housing and Redevelopment Authority and Economic Development Authority
Regional Center: Cambridge, MN
Workforce Assistance:
Helps area businesses find the skilled workers they need
Helps job seekers find employment
mn.gov/deed/job-seekers/workforce-centers/
(763) 279-4492
Goals: To create/retain jobs, strengthen regional tax base, and create wealth within
our region.
Lending Programs:
Revolving Loan Fund: Gap financing with a lending range of $10,000-60,000
Micro Loan Fund: Lending range of $1,000-50,000 with flexible repayments
up to ten years
www.region7erdc.org
(320) 679-4065
The Initiative Foundation’s business loans work to strengthen communities and diversify
Local economies.
Certified Community Advantage Lender with loans between $25,000
and $150,00.
Loans offered to entrepreneurs who wish to start or expand a locally owned business, have
a sound business plan and acceptable credit, create quality jobs with living wages and
benefits, and advance local and regional goals for target industries.
www.ifound.org
(877) 632-9255
Exploring. Starting. Managing. Growing. “No matter the stage, we’ve got the right tools
and expertise to help your business start strong and stay strong.
Assistance:
Exporting and Trade
Business Guide Books
Financing a Business
Finding Employees
www.mn.gov/deed/
EAST CENTRAL REGIONAL DEVELOPMENT COMMISSION (ECRDC)
MN DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT (DEED)
WORKFORCE CENTER
INITIATIVE FOUNDATION
For a more complete list of local, regional and state
resources, visit the Chisago County HRA/EDA website:
www.chisagocounty.org
LOCAL FINANCIAL
INSTITUTIONS LAKE AREA BANK
12790 N 1st Ave
Lindstrom, MN 55045
651-257-1117
www.lakeareabank.com
SECURITY STATE BANK
OF MARINE
30626 Lincoln Rd
Lindstrom, MN 55045
651-257-4141
www.themarinebank.com
U.S. BANK
11493 Lake Lane
Chisago City, MN 55013
651-257-9074
www.usbank.com
CENTRAL BANK
11151 Lake Blvd
Chisago City, MN 55013
651-257-6561
www.centralbnk.com
FOLDER
CONTACT US
FOR MORE
INFORMATION:
City Administrator
City of Lindstrom
13292 Sylvan Avenue
Lindstrom, MN 55045
651-257-0620
www.lindstrom.mn.org
FOLDER