Introduction to Minot, ND

Introduction to Minot, ND

Community Profile Population: 50,000 Approximately

(excluding Minot Air Force Base and Minot State University)

• 70 mile radius: 93,396

Regional Trade Center• Minot is the traditional trade center in

north central North Dakota, into Montana, Manitoba and Saskatchewan, Canada

Minot Air Force Base• Dual Mission: 5th Bomb Wing and

B-52H bombers• Population: 13,000

Minot State University• Over 80 undergraduate and graduate

degrees

Center for the Arts • Symphony orchestra, arts and jazz

festivals

Introduction to Minot ND

Community Profile

Economy:• Minot Air Force Base• Agriculture• Energy• Education• Healthcare• Retail• Tele-Service Providers

Economic Indicators• Building Permit Valuation: $304,947,436• Sales Tax Collected: $1,505,846,697

Transportation• Minot International Airport• 3 U.S. highways• 2 Class-A Railroads – BNSF and CP

Petroleum Industry in Minot

Just 4 Short Years

60 Petroleum Expansions• Exploration & Production, Service• Hess, Hunt Oil, Baker Hughes, Halliburton,

Schlumberger, many more…• 3,000 employees

Population Increase over 10,000• 750 Kindergarten Students

Hotel Development 13

Retail 5

Restaurants 7

Commercial Carriers 3

Petroleum Industry in Minot

Minot ND – Community with Vision

Quality of Life -

Minot - Community of Choice:• Family Oriented Community • Planning for Future Growth• Amenities• Stable workforce

Healthcare• Regional Center

Education• 3 New Schools• $30 M Bond Issue

Shopping and Recreation Center Families Neighborhood planning

• Mixed Use• New grocer• Double hotel rooms since 2008

Minot ND – Community with Vision

Community Preparation

Comprehensive Growth Plan•Development/Redevelopment 20 Years •Land Use

•Community Infrastructure Needs

•Future Housing Needs

•Traffic Patterns and Issues

•Community Parks, Trails and Open Spaces

• Omit Sprawl

Minot ND – Community with Vision

Community Preparation

Comprehensive Growth Plan•Development/Redevelopment 20 Years •Land Use

•Community Infrastructure Needs

•Future Housing Needs

•Traffic Patterns and Issues

•Community Parks, Trails and Open Spaces

• Omit Sprawl

Minot ND – Community with Vision

Community Preparation

Comprehensive Growth Plan•Development/Redevelopment 20 Years •Land Use

•Community Infrastructure Needs

•Future Housing Needs

•Traffic Patterns and Issues

•Community Parks, Trails and Open Spaces

Minot ND – Community with Vision

Community Investment

Community’s Capital Investment• $32 M Public Infrastructure Support

• Residential Growth north Minot• $18 M Transportation Enhancements

• Grade Separation-Overpass• Northeast Bypass

• Industrial Growth • Residential Growth

• $18 M “Imagine Minot” Downtown• Development similar to Portland

Minneapolis, San Diego, Austin• “Live Work Play Mode”• Public Infrastructure• Streets• Sidewalks, Curb, Gutter• Street Lights

• $9 M Parking Structures• Downtown Development

Minot ND – Community with Vision

Community Investment

Community’s Capital Investment• $32 M Public Infrastructure Support

• Residential Growth north Minot• $18 M Transportation Enhancements

• Grade Separation-Overpass• Northeast Bypass

• Industrial Growth • Residential Growth

• $18 M “Imagine Minot” Downtown• Development similar to Portland

Minneapolis, San Diego, Austin• “Live Work Play Mode”• Public Infrastructure• Streets• Sidewalks, Curb, Gutter• Street Lights

• $9 M Parking Structures• Downtown Development

Minot ND – Community with Vision

Community Investment

Community’s Capital Investment• $32 M Public Infrastructure Support

• Residential Growth north Minot• $18 M Transportation Enhancements

• Grade Separation-Overpass• Northeast Bypass

• Industrial Growth • Residential Growth

• $18 M “Imagine Minot” Downtown• Development similar to Portland

Minneapolis, San Diego, Austin• “Live Work Play Mode”• Public Infrastructure• Streets• Sidewalks, Curb, Gutter• Street Lights

• $9 M Parking Structures• Downtown Development

Minot ND – Community with Vision

Community Investment

Community’s Capital Investment• $32 M Public Infrastructure Support

• Residential Growth north Minot• $18 M Transportation Enhancements

• Grade Separation-Overpass• Northeast Bypass

• Industrial Growth • Residential Growth

• $18 M “Imagine Minot” Downtown• Development similar to Portland

Minneapolis, San Diego, Austin• “Live Work Play Mode”• Public Infrastructure• Streets• Sidewalks, Curb, Gutter• Street Lights

• $9 M Parking Structures• Downtown Development

Minot ND – Community with Vision

Business Investment Northern Lights

• $400 M• 325 Acres

Southgate• $109 M • 50 Acres

North Hill• $100 M• 25 Acres

Silver Springs• $100 M• 700 Acres

Downtown Revitalization• $120 M • 36 City Blocks

Port Of North Dakota - Expansion• $360 M• 3,200 Acres

Minot ND – Community with Vision

Business Investment Northern Lights

• $400 M• 325 Acres

Southgate• $109 M • 50 Acres

North Hill• $100 M• 25 Acres

Silver Springs• $100 M• 700 Acres

Downtown Revitalization• $120 M • 36 City Blocks

Port Of North Dakota - Expansion• $360 M• 3,200 Acres

Renaissance - Minot ND

Investment Opportunities

Capital Investment

Hotel – Questionable• 13 new, 6 planned

Housing – Strong• Needed

Commercial – Strong

Retail – Strong

Industrial – Strong

Investment Opportunities

Capital Investment

Hotel – Questionable• 13 new, 6 planned

Housing – Strong• Needed

Commercial – Strong

Retail – Strong

Industrial – Strong

Investment Opportunities

Capital Investment

Hotel – Questionable• 13 new, 6 planned

Housing – Strong• Needed

Commercial – Strong

Retail – Strong

Industrial – Strong

Minot ND – Workforce Development

Website Portal Connecting Business to

Workforce

Targets • Cold Climate Regions• High Unemployment

Secured Information

3,000 job openings

800+ Job Seekers

100+ Business Users

Entry Home Initiative• $150,000 Price Point www.minotusa.com

www.liveworkplayminot.com

Thank You