Stillwater, Minnesota, is experiencing a period of significant economic development, marked by strategic initiatives and community-driven efforts aimed at fostering sustainable growth.
Strategic Economic Initiatives
The City of Stillwater has established the Stillwater Economic Development Authority (EDA) to enhance economic development tools, analyze community needs, and facilitate public financing for development projects. This initiative underscores the city’s commitment to proactive economic planning and collaboration with local businesses. Learn more about the EDA.
Community Development Leadership
In early 2026, Jason Zimmerman joined as the new Community Development Director, bringing a fresh perspective to the city’s growth strategies. Zimmerman is actively working on the Comprehensive Plan, which will guide Stillwater’s development efforts for the next two decades. Read about Zimmerman’s vision.
Support for Local Businesses
The Greater Stillwater Chamber of Commerce plays a pivotal role in supporting local enterprises. Through various programs and events, the Chamber fosters a thriving business environment, encouraging entrepreneurship and community engagement. Discover Chamber initiatives.
Housing Market Trends
Stillwater’s housing market reflects the city’s economic vitality. The median listing price stands at $495,000, with a median rent of $2,600 per month, indicating robust demand in both the buying and rental sectors. Explore housing market insights.
Sustainable Development Efforts
Organizations like Sustainable Stillwater MN are instrumental in promoting environmental stewardship and sustainable business practices. Their initiatives, such as the Green Business Directory, support local businesses in adopting eco-friendly operations. Learn about their mission.
Through these concerted efforts, Stillwater continues to build a resilient and prosperous community, balancing economic growth with sustainability and quality of life.