Economic Development

From Historic to High-Tech, The place to grow is faribault! 

Driven by a motivated Economic Development Authority, the City of Faribault is your partner for economic success! Strategically located along Interstate 35, less than one hour from the Twin Cities Metro makes Faribault an ideal location to do business. With over 250 acres of prime industrial land along the Interstate Corridor, there is plenty of opportunity to accommodate projects of any size.

Named 2019 City of the Year by the Minnesota Real Estate Journal, Faribault has a proven track record of delivering the most complex of projects in a timely and efficient manner. 

With a growing workforce population and new housing developments, the City of Faribault is ready to accommodate your growing workforce needs. Partnering with South Central College's Center for Business and Industry our partnership is able to provide customized training opportunities specific to each business and industry. 

Want to learn more about the opportunities available? Contact us today to learn more!

​Economic Development News Release

Downtown Funding Available
2019 Downtown Commercial Rehabilitation and Exterior Building Improvement Program 
The EDA is offering the 2019 Downtown Commercial Rehabilitation and Exterior Building Improvement Program with some modifications from prior program year's guidelines.
The 2019 program funding is available on a first-come first-serve rolling application period.
Select 2019 Commercial Rehabilitation Program and Application to download the application.