EDA Initiatives

The Granite Falls Economic Development Authority is actively working on several projects throughout the city.

Market Analysis for TIF District & Economic Vitality

Take the Survey

The survey is designed for businesses and is being conducted spring of 2021 in partnership with the University of Minnesota Extension. Its purpose is to identify challenges and opportunities for the local shopping district, downtown, and the US-212 corridor. 

Housing Development Promotion

2021 Housing Study

Looking to promote single family and multi-family housing development, Granite Falls Economic Development Authority completed a Housing Study in April 2021. The Comprehensive Housing Market Study was conducted by Community Partners Research Partners, Inc., and shares recommendations on a five-year growth projection in order to meet the needs of current and future households.

A volunteer Housing Committee meets monthly to work on an implementation plan addressing Study findings and recommendations.

City Beautification with Public Art

Southwest Arts Council $7,000 Grant Award in 2021

“Get to Know Granite Falls Then & Now” City Beautification with Interpretative Benches

This project is funded by a grant from the Southwest Minnesota Arts Council – made possible by the voters of Minnesota thanks to a legislative appropriation from the arts and cultural heritage fund and an appropriation from the Minnesota State Legislature with money from the State’s general fund.

Women in Business

In 2021, the Women Steering Committee was formed to support professional development and networking. This initiative is co-sponsored by Southwest Initiative Foundation and Granite Falls EDA. To receive details on the next event, send an email to eda@granitefalls.com or follow us on Facebook

Holiday Street Décor

The Holiday Street Décor Committee came together to help select and fundraise for new LED decorations for Granite Falls corridors along US-212, Granite Street, 9th Avenue and Prentice Street. The Committee is planning a Citywide Lighting on Saturday, November 20, 2021.

Dog Park

The Dog Lovers Steering Committee is actively exploring sites for a dog park. Follow their progress by joining the Dog Lovers for the Granite Falls Dog Park on Facebook.

Investing Capital Gains with Tax Advantages

Minnesota Opportunity Zone: $5,000 Grant Award in 2019

“Clocktower Project” the old Marr Building on Prentice Street

Downtown Prentice Street multi-use retail and market rate rental or owner-occupied units with a view of the Minnesota River, Granite Falls Dam and the Historical Roebling Footbridge. Prentice Street is Granite Falls’ Main Street and Central Business District.