Lakeville Economic Development in Lakeville Minnesota

Address and phone number for Lakeville Economic Development, an Economic Development Agency, at Holyoke Avenue, Lakeville MN.


Name
Lakeville Economic Development
Address
20195 Holyoke Avenue, Lakeville, Minnesota, 55044
Phone
952-985-4420

About the Lakeville Economic Development

The Lakeville Economic Development, located in Lakeville, MN, is a government agency that promotes business activity and development in the Dakota County area. The Economic Development Agency (EDA) attracts and retains business, promotes development to increase employment and the tax base, and encourages a thriving economic environment in Lakeville. The EDA also offers small business support programs and land development programs.

You may contact the Economic Development Office for questions about:
  • Lakeville Economic Development programs and services
  • City and community development
  • Job creation, training, and workforce development
  • Dakota County Economic Development funds
  • EDA grants and funding
Lakeville Business and Workforce Development

The Economic Development Office promotes the Dakota County area for business development, highlighting Lakeville as a favorable location to do business. The EDA works closely with Dakota County Chambers of Commerce and business groups to market the region for business development. To promote business, the EDA creates marketing materials, creates promotional advertising, and organizes Dakota County business expos. In addition to business development, the Economic Development Office promotes workforce development through job creation programs and training opportunities.

Land Development Programs in Lakeville, MN

In Lakeville, the Economic Development Center seeks developers for undeveloped land or areas in need of redevelopment. They market development opportunities and identify obstacles to development, such as site contamination or a lack of funding. The Lakeville Economic Development maintains an inventory of available commercial land and commercial building space in Lakeville to match developers, landlords, and business owners with prime locations.

Small Business Support Programs

As part of its business development agenda, the Economic Development Agency offers small business support programs. These programs provide ombudsmen services, support small businesses with licensing and Dakota County permitting requirements, and connect small businesses with bidding opportunities for government contracts.

Economic Development Grants & Loans

The Economic Development Office administers Dakota County grants and loans. These include Brownfield Redevelopment grants, facade improvement grants, and Dakota County public improvement grants. Businesses can also qualify for Dakota County loan programs, often with below-market interest rates and less stringent credit requirements than business loans from traditional financing institutions.

Dakota County Tax Incentives

In Minnesota, the Economic Development Corporation administers tax incentives for businesses that expand or relocate within the jurisdiction. Funding for tax incentives may come from the Minnesota state level, the Dakota County level, or the Lakeville level. The Economic Development Office offers tax incentives or tax abatements on the theory that new businesses or expanding businesses generate job opportunities in Dakota County and thus increase the tax base.

Contact the Lakeville Economic Development

You may contact the Lakeville Economic Development by calling 952-985-4420, or by addressing inquiries to the office mailing address: Lakeville Economic Development, 20195 Holyoke Avenue, Lakeville, Minnesota, 55044.


Map of Lakeville Economic Development in Lakeville Minnesota


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