Corridor staff has been working on website updates. If you have questions about where to find information, please contact Alyssa Petersen by email or phone,
This Week in the Corridor
Business Attraction
FY2021, Q1 Results
This week we are continuing our series of Quarter 1 results for our Fiscal Year 2021 by covering Business Attraction statistics.

From July through September, the Corridor had six ongoing large business projects with the potential to create 30-80 jobs and have a capital investment of up to $200 million.

The sources of these projects included the Iowa Economic Development Authority (IEDA), Gazelle,ai, Community Venture Network (CVN), and site selector inquiries.
One project example is a micro-distillery looking to expand into a new location. Although the project ultimately was unsuccessful, the Corridor was able to learn a lot from the process. The project was introduced to the Corridor by Community Venture Network (CVN). CVN is a subscription-based program to connect growing small businesses based in the Twin Cities with rural Midwest communities.

To learn more about CVN or any other Business Attraction programs at the Corridor, contact us by phone, 712.264.3474, or email us.

For more Quarter 1 statistics, check out our website!
Featured Real Estate
Spirit Lake Shell Building

Location: 540 5th Street East
Spirit Lake, IA 51360

Sale Price: $799,000

Square Feet: 30,000

For more information visit the Corridor website!
Around the Corridor
Cookies with coffee: Central Perk Coffeehouse chosen as cookie destination

Travel Iowa asked its social media audience for some of their favorite cookie stores across the state. Central Perk Coffeehouse in Estherville made the list as the only location in rural Iowa and one of only three in towns with less than 10,000 people.

Read more about Central Perk.
176 units planned for Storm Lake's east side

The City of Storm Lake and Kading Properties of Urbandale announced a $17.5 million housing development. The development is planned to have 88 duplexes.

Read about the development.
BVRMC earns 5 CMS Stars for patient experience

Centers for Medicare & Medicaid Services (CMS) released their patient experience star ratings. Buena Vista Regional Medical Center (BVRMC) is one of only 13 hospitals in Iowa that received a 5-star rating based on a Hospital Consumer Assessment of Healthcare Providers and Systems survey.

Main Street announces Grand Bridal's arrival

The former White Drug building on the corner of 4th and Grand in Spencer will be the home of Grand Bridal. The new store will have bridal gowns, prom gowns, and mother-of-the-bride dresses.

Learn about the business unveiling.
$20.4 million in tax credits awarded to Iowa historic preservation projects

Last week, the Iowa Economic Development Authority (IEDA) awarded Historic Preservation Tax Credits to 10 projects, including one in Storm Lake. The program provides state income tax credit to projects for rehabilitation of historic buildings.

Learn more about the tax credits and see the recipient list.
$3.5 million awarded to Iowa communities for housing and infrastructure projects

The Iowa Economic Development Authority (IEDA) recently awarded Community Development Block Grants to eight projects, including one in Lake Park. The program provides funds to communities for sewer and water infrastructure improvements as well as housing rehabilitation.

Learn more about the tax credits and see the recipient list.
Investor Spotlight
Each week we want to feature and thank the businesses and individuals that have committed to economic development and growth in our communities. To learn more about these investors and others, visit our Business Directory!
State Bank
Sector: Financial & Insurance Services
Location: Spencer
Description: Over the years, State Bank has built a solid tradition of providing personal service and local decision-making. The bank's commitment to provide quality financial products and services has kept them in tune with the current needs of customers.
Storm Lake United
Sector: Business Services/Other
Location: Storm Lake
Description: Storm Lake United is the voice of business in the region. As the leading community organization, Storm Lake United advocates for issues that support commerce, community health and the overall prosperity of the area.
United’s mission is to foster an environment that attracts new businesses, supports and retains jobs, stimulates the economic climate and promotes quality opportunity for area residents.
Jobs in the Iowa Lakes Corridor
Post your jobs where quality candidates are already looking:

See current job openings here.
Job Title
Buena Vista County Public
Health and Home Care
Direct Support Professional
Buena Vista County

Imagine the Possibilities

Questions? Want to be featured in next week's newsletter?
Contact the Iowa Lakes Corridor at,
or call us at 712.264.3474.