Aerial of "the City of Lakes"

Demographics

Economic Development Overview

Locational Advantages

  • Access: I-90, I-35, I-29
  • Central In Nation
  • Strong Work Ethic & Educated Work Force
  • Dual Rail Access (Union Pacific & Canadian Pacific)
  • Available Land which is Less Expensive
  • Low Cost of Living
  • Low Electrical Costs
  • Low Natural Gas Costs
  • Abundant Supply of Good Quality Water And Waste Water
  • Good Airport Access
  • Excellent, Safe Quality of Life
  • Quality Health Care
  • Within 2 hours of the Minneapolis/St. Paul metro area and 1.5 hours of the Rochester Area

One Stop Development Shop

  • Site/Building Inventory
  • Planning & Zoning Requirements
  • Business Development Incentives
  • Building Code Information
  • Fast – Friendly Service

Recent Development Activities

Industrial

  • GreenPlains Renewable – 118 million gallon, $100 million ethanol plant on 200 acres
  • Devenish Nutrition – 10,000 square foot expansion
  • Redi Haul Trailers – 25,000 square foot expansion
  • Kahler Automation – 20,000 square foot new building in the industrial park, with an additional 15,000 expansion completed in 2013
  • CHS, Inc. – added a 4 million bushel storage capacity building and a compressed natural gas fueling station

Retail

  • Hy-Vee – Total remodel and new C-store
  • Hampton Inn
  • Great Clips
  • Maurices
  • Kwik Trip
  • Wells Federal Bank
  • O’Reilly Auto Parts, under construction
  • Variety of locally-owned shops

Housing

  • New housing developments targeted toward seniors. 39 units of higher end cooperative style housing and 65 units of assisted living as well as 40 units specializing in memory loss care
  • Fairmont averages new construction of 8-10 single family dwellings per year

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