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Strong Local Economy

The Twin Cities didn't suffer as intense a roller-coaster ride from early-twentieth-century prosperity to mid-century decline and late-century struggle-to-recover as many former heavy-industrial cities, mostly thanks to the diversity of our economic base, the health of the major companies that make their homes here, and an entrepreneurial brio that has kept new companies coming. But there have been major ups and downs, including the Great Recession, and there are still areas in our towns that don't share in the general prosperity. Luckily, our governmental bodies, colleges, and think tanks teem with experts in keeping local economies strong, and our neighborhood consciousness emphasizes the local--all of which helps make sure that for every chain store that opens in a mall, a handful of small, promising hyperlocal businesses sprout as well.

Strong Local Economy Features

Small Business Development Equals Big Growth in Three TC Neighborhoods

Creative collaborations on St. Paul’s East Side, throughout Little Africa in St. Paul and along West Broadway in North Minneapolis are helping small businesses thrive while sparking economic vitality and community pride.

MSP's Financial Opportunity Centers: Bundling Services for Economic Stability

CommonBond, an innovative non-profit organization that operates 95 housing developments throughout the Upper Midwest, also offers residents classes and one-on-one counseling about school, employment, finances, and health and wellness.

Cycling in the Cities: Seven New Local Inventions for Bike Enthusiasts Here and Around the Globe

The Twin Cities is a leader in bicycle use and a major innovator in bicycle design and technology. The seven inventions profiled here have, or will have, an impact on the local and global cycling industry. And the pace of innovation shows no sign of slowing down.    

Rail~Volution Recap: The Power of Millennials and Transit Planning in the Twin Cities

The message of this year's Rail~Volution conference in the Twin Cities was clear: To attract and retain top talent in the coming decades, cities must meet Millennials' preferences for effective transit options.

Equity, Empowerment: How Community-Driven TOD is Transforming Green Line Neighborhoods

Four neighborhood initiatives along the Green Line demonstrate how the Central Corridor is becoming a local and national model for equitable and empowering community-driven transit-oriented development (TOD).    
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