Serving the Community
The Alexandria Area Economic Development Commission (AAEDC) is a private non-profit, 501(c) (6) corporation established in 1990 to lead economic development in the region by engaging leaders to grow business and expand the talent base.
Our Mission is "Promoting prosperity and optimizing opportunity in the Alexandria region."
PROJECTS DETAILS
DOUGLAS
City of Alexandria TIF creation for the construction of a 146,900 square foot new build and remodel of manufacturing facility
CREATIVE TOUCH GALLERY
Gap loan for purchase of new site and the construction of a 3-story building in downtown Alexandria
CAR CARE PROGRAM Loan program implemented to fund workforce vehicle recipients
SUNOPTA GRAINS AND FOODS, INC
City of Alexandria TIF creation for the construction of a 252,000 square foot new build warehouse
INCREASE THE RETENTION & SUCCESS OF ALEXANDRIA AREA BUSINESSES
2
CONSOLIDATE EFFORTS AND UTILIZE LOAN FUNDS TO MEET SPECIFIC NEEDS OF THE ALEXANDRIA AREA
3
1 ENHANCE OUR ENTREPRENEURIAL ECOSYSTEM
“We definitely needed that AAEDC loan to be able to do what we wanted to do. It helped us be that much farther ahead."
DUNN BROTHER'S COFFEE Gap loan for purchase of the business
320.763.4545 | aaedc@alexmn.org | www.LivingAlexArea.org I 324 Broadway Suite 101, Alexandria, MN 56308 37,561 VIEWS 37,561 VIEWS 435 FOLLOWERS 435 FOLLOWERS
MACHINE
& INNOVATIVE BUILDERS
Capital Investment in Douglas County $40.7 MILLION New Jobs Created 46 New Douglas County Businesses 319 Business Coaching Sessions 67
Economic & CommunityImpact
McCarten Design 99,118 REACH 99,118 REACH 4,293 FOLLOWERS 182.9% 138.7% Annual Impact Report 2022
Through targeted marketing, we got in front of specific companies
times
BUSINESS COACHING NEW PLATFORM FOR AAEDC
367,000
over
2,380
About Us
The vision of the AAEDC is that the greater Alexandria Area is known as the premier place to call home, build a career, and grow a business. It is a place with leading-edge technology, infrastructure, and unparalleled talent, set within a geographic area of immense natural beauty.
Alexandria
LaGrandTownship
Lake Mary Township
Lakes Area Economic Development Authority
The AAEDC works in partnership with the Lakes Area Economic Development Authority to meet their overall goals. The LAEDA was organized in 2004 through special state legislation with approval of the State of MN and the organization’s founding members to formalize and stabilize the funding process of economic development efforts in Douglas County, MN Because of the long-term nature of many initiatives and investments needed to continue to grow our community, stable funding is crucial to the success of economic development efforts
The mission of the LAEDA is to support the mission of the AAEDC by providing fair and equitable resources.
POWERS OF EDA’S
Tax abatement
Ability to enter into contracts
Sale of bonds
Economic Development Districts
Levying of taxes
Creation of TIF Districts
Acquisition and sale of real estate and personal property
Participation in limited partnerships
JOEL DAHLEIMER, Alexandria Township; GREG BOWEN, LaGrand Township; JASON UHDE, Garfield; BOBBIE OSTERBERG, Alexandria
Community Partners
2 0 2 2 B o a r d o f D i r e c t o r s
NICOLE KLIMEK President
Alexandria Township
Alexandria
JEFF PATIENCE Representative
MATTHEW FISCHER Vice President
Carlos Township
TODD POWERS
EDDIE REIF Secretary/Treasurer
Hudson Township
RYAN ROONEY
VICKI JODSAAS
Representative
Alexandria
RICK SANSTEAD
320.763.4545 | aaedc@alexmn.org | www.LivingAlexArea.org I 324 Broadway Suite 101, Alexa
EDA Board Members
Representative Representative Representative