Economic Opportunities in Big Lake, MN
Just outside the suburbs of the Twin Cities Metro, the city of Big Lake is fast-growing and young with a population just over 11,000. Only thirty minutes from both Minneapolis and St. Cloud, Big Lake is ideally located near major highways and two airports. Additionally, the Northstar Light Rail runs from Big Lake to the cities and provides bus services to St. Cloud via the Northstar Link. Big Lake Schools report consistently high GPAs and low dropout rates, and their nationally recognized REAL (Relevant Experience through Apprenticeship Learning) program helps prepare students for life after high school. Big Lake’s proximity to top Minnesota colleges means businesses have access to a strong, talented workforce, and the city offers a variety of housing options for families.
Past utility infrastructure improvements have prepared Big Lake for economic development and expansion, and local and regional financing options continue to support new and established businesses. The Big Lake Revolving Loan Fund offers businesses direct loans with flexible terms to help local companies get the capital they need. Other economic incentives include:
- Employment-related incentives, including work opportunity tax credits
- Environmental assistance programs to help businesses meet environmental regulations
- A variety of financial assistance programs
- Shovel-ready sites with high-speed internet, utilities, and phase three power
- Support from city officials, who provide opportunities for expansion
- A committed Economic Development Authority that advises the city council
In addition, the Big Lake Chamber of Commerce is dedicated to helping local businesses work through issues, grow with networking events, and promote their companies.
Commercial Real Estate Brokers in Big Lake, MN
Commercial Realty Solutions is a full-service commercial real estate brokerage serving Big Lake and the surrounding areas of Central Minnesota. We offer representation for sellers, buyers, tenants, and landlords, as well as property valuation and advisory services. Our team is also well versed in the business brokerage industry and can assist you in the sale or acquisition of your business. If you’re looking to move, relocate, or establish your Big Lake business, partner with CRS for the highest level of service. Contact our office to get started.