Economic Development

The City of Elk River Economic Development staff assists you with every facet of your expansion projects including applying for a variety of financial incentives including:

  • Federal
  • State
  • Regional
  • Local

In 2015, staff worked with various businesses which increased private investment and reinvestment in our community. Over $2.3 million in public investment resulted in over $24.7 million in private capital investment accounting for more than 161,700 sq. ft. of new development.

City Economic Development staff helps guide you every step of the way; from application through the municipal approval process and through construction completion.  The Economic Development team will be your one point of contact when maneuvering through the development process.