PRESCOTT INVITES YOU TO COME GROW YOUR BUSINESS IN

EAGLE RIDGE BUSINESS PARK

LOCATION

Prescottis located in the southeast corner of the Minneapolis/St. Paul Metropolitan area, at the confluence of the Mississippi and St. Croix Rivers in west central Wisconsin.  Miles to: downtown St. Paul-23; Twin Cities International Airport-28; Eau Claire-83; Milwaukee-307 Chicago-381.

 POPULATION         1990      2000     2010

City of Prescott       3,243     3,764    4,048

County of Pierce    32,765    36,804  40,245


Prescott and its 2 surrounding townships (Clifton and Oak Grove) have the fastest growing populations in the county. 

 TRANSPORTATION

Strategically located at the crossroads of several major Highways,Prescott offers easy access to the Twin Cities metro area and the nation's interstate network.  The four lane U.S. Highway 61/10 is located 3 miles west and I-94 is located 15 miles north.  U.S. Highway 10 provides a main east-west connection to the metro area and Wisconsin, and state highways 29 and 35 complete Prescott's north/south connections. Several interstate and local trucking firms serve the City and its businesses.

Minneapolis/St. Paul International Airport (MSP), 30 minutes west, provides global connectivity to Prescott businesses.  Burlington Northern Railroad crosses theMississippi in Prescott.

 FINANCIAL  ASSISTANCE

Eagle Ridge Business Park's TIF district can provide financing for land acquisition and improvement that can strengthen your balance sheet equity position and enhance your project's ultimate capital structure.  Our Industrial & Economic Committee will work with you to identify the best possible program options that match your project financing needs. Subordinated loans, reduced interest rates, and targeted tax credit programs may be available based on your business and project requirements.

 EDUCATION

Prescott is fortunate to have an outstanding K-12 school system, with students consistently scoring above the regional and state averages on standardized tests. Over 92% of PHS graduates go on to further study in college. Several private schools in the area provide additional education options and Prescott has convenient, high quality child care facilities to choose from. 

 The University of Wisconsin-River Falls campus, with 7,200 students, is located just 15 minutes from Prescott.  An amazing array of world-class research universities and liberal arts colleges can be found within one hour of  Prescott, contributing to Prescott area's highly skilled and motivated work force. 

 UTILITES

Reliable and locally-maintained utility services provide the quality infrastructure that all businesses need.Prescottproviders include

Electricity: Xcel Energy

Natural Gas: St.Croix Gas

Telecommunications: Century Link

Wastewater treatment: Municipal

Water System: Municipal

Cable: Comcast Cable

Solid waste/recycling:Paul's Industrial Garage

 

MEDICAL FACILITIES

Prescottis served by the New Regina Medical Clinic and other regional hospitals in Hastings ,MN    (4 mi) ,River Falls (13 mi), and Hudson (15 mi). 

RECREATION/COMMUNITY FEATURES

Many people enjoy boating and swimming on the St. Croix and Mississippi Rivers.  The city is also fortunate to have the Great Rive rRoad Visitor Center located in the beautifu lFreedom Park which overlooks theMississippi River. The Great River Road runs through the middle of downtown bringing many traveling tourists throughout the year.  Prescott Daze runs over a 3-day period, offering many fun activities for all ages. 

 Grow your Business in Prescott!

  • Property located in an active TIF district
  • Convenience of a Twin Cities metro location with significant cost savings
  • Numerous individuals seek local employment opportunities rather than commuting to the Twin Cities
  • Numerous local college and universities offer a highly trained work force
  • 30 minutes from the central Twin Cities
  • Multi-modal transportation possibilities 
  • InternationalAirportwithin 30 minutes
  • Growth oriented community
  • Thriving river town atmosphere  
  • Business friendly environment
  • Flexible lot boundaries/custom site planning

  PRICING 

Baseline pricing for Eagle Ridge Business Park land is typically lower than comparable properties in the Twin Cities metro market.  The City will offer a variety of discounts and pricing incentives for qualified projects, based on factors such as building appearance, employment profile, energy efficiency, and civic involvement. 

BUSINESS TAXES

The National Association of Industrial and Office Properties (NAIOP) 2010 Property Tax Study reports that in 2009 taxes on a typical 70,000 sq. ft. building in MN were $128,975. Rates for a similar building in WI were $59,545… a difference of over 53% Since property taxes are a recurring business expense the savings earned could go a long way in paying for a new or existing facility. 

  (Source: NAIOP 2010 Comparative Tax Study)

 WORKING WITH YOU

Prescott has an active industrial and economic committee which is eager to assist existing and new businesses with site, building and financial packaging needs. For more Information Please Contact:

 Economic Development Corporation

Bill Warner, Executive Director, Email: bill@pcedc.com

Phone: (715) 425-3881

City of Prescott

Jayne M. Brand, Zoning Administrator,

Email: jbrand@prescottcity.org

Phone:  715-262-5544