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St. Paul Capital City Partnership to target attracting, keeping businesses

The St. Paul Capital City Partnership is taking a new look at its role, with more emphasis on attracting and retaining businesses and less stress on placemaking events, the Minneapolis-St. Paul Business Journal reports:

"Capital City Partnership plans to have a new organization, including new leadership, in place by 2011. 'They plan to work extensively in both business recruitment and business retention,' Kramer wrote.

"The St. Paul Area Chamber is in also involved in both of those activities, although less so in recruitment, and there is a potential for overlap that will have to be worked out with the two groups, Kramer said. ...

"The organization received a lot of credit for its role developing the $170 million Xcel Energy Center and attracting the NHL back to Minnesota in 2000. The partnership also has been credited with helping St. Paul attract the headquarters of Lawson Software (1998), Gander Mountain (2005), and Cray Inc. (2009).

"Capital City Partnership had owned and ran the summer festival known as Taste of Minnesota for 13 years before it sold the event in 2009. In 2006, the partnership began producing the Wells Fargo WinterSkate at Landmark Plaza and to transform Rice Park into a holiday light show designed to emulate Rockefeller Center in New York City. During summer months, the Capital City Partnership has been running a flower-basket beautification program since 1999."

Read the full article here.
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