By Jan Gilmer
The Jordan Economic Development Authority (EDA) convened on January 6, 2025, to discuss initiatives aimed at fostering growth and providing assistance to local businesses. The meeting featured an engaging dialogue on grant programs, new business resources, and updates on key city projects.
Refining Grant Programs for Downtown Businesses
Under new business, EDA members reviewed the documentation for the C-2 downtown commercial business grant program. Discussions centered on enhancing clarity in the application process to encourage broader participation. Proposed changes included:
Differentiating Business Tenure: Adding questions to distinguish between the length of time a business has been established versus its time operating within the City of Jordan.
Clarifying Tax Requirements: Specifying that applicants must have paid the previous year’s property taxes in full.
Considering Start-ups: Exploring grant opportunities tailored to newly established businesses.
The conversation expanded into broader strategies to support businesses, including:
Developing a “new business packet” to guide entrepreneurs through the steps of opening a business in Jordan.
Exploring discounted or waived rental fees for city-owned commercial properties to attract and retain tenants.
Highlighting vacant properties in the downtown district as potential opportunities for growth.
Utilizing grant funding from Scott County CDA technical assistance grant program to support local businesses.
City staff also discussed the potential of leveraging Placer AI, a tool purchased in 2024, to provide businesses with insights into customer foot traffic and the effectiveness of marketing strategies. The program’s data has yet to be shared with businesses, though interest is growing.
Code Matching Grant Application
The EDA considered a Code Matching Grant application for electrical upgrades to a property on Water Street. While members expressed support for the application, they requested that the applicant attend a City Council meeting to confirm the type of business and ensure compliance with grant requirements. The recommendation was approved conditionally.
Revisiting the Minnesota Main Street Program
City staff reported on their exploration of the Minnesota Main Street Membership program as a means to boost downtown revitalization. However, after low turnout at an informational meeting and feedback from attendees suggesting minimal value to the City, the EDA decided to focus on updating the Downtown Jordan Master Vision plan instead. The revised plan aims to identify actionable projects and potential grant opportunities.
Management Updates
The meeting also included updates on ongoing projects:
Successful Loan Repayment: Mousse Sparkling Wine Co. completed repayment of its commercial loan, demonstrating a positive partnership with the City’s grant program.
MnDOT Developments: Construction of a new MnDOT facility near S&M Hentges is underway, representing a significant investment following a property trade that benefitted the City both financially and operationally.
169/282 Interchange: The City Council recently approved funding for this major project. Despite higher-than-expected bids, contingencies will minimize the City’s financial exposure. Construction begins with the County Road 9 roundabout and is slated for completion by 2027.
New Business Progress: A distillery is making headway with construction, and Delia’s restaurant opening has been targeting the summer of 2025.
Former Excel Building Acquisition: The City closed on this property and plans to pave the north alley to address environmental concerns. Long-term lease options are being considered for adjacent businesses.
The EDA remains committed to supporting both new and existing businesses in Jordan. From refining grant programs to exploring innovative tools like Placer AI, the City is laying the groundwork for sustainable economic growth. Residents and entrepreneurs are encouraged to stay engaged with ongoing efforts to make Jordan a thriving community for businesses and families alike.