Center of Commerce

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The St. Cloud area has earned recognition as a great place to do business. Entrepreneur magazine listed St. Cloud among the “Top 10 Mid-sized Cities in the Nation for Small Businesses.” NerdWallet.com included St. Cloud among the “Best Cities for Young Entrepreneurs” and in the “Best Places to Start a Business in Minnesota.” Minnesota Business Magazine referred to the I-94 region from St. Cloud to the Twin Cities as “The Golden Corridor” due to the area’s stable economy and continuous business and residential development.

Business-friendly atmosphere

The pro-business attitude found in Central Minnesota has created an optimal environment for all businesses and industries, no matter the size or type.

Business-focused resources in the St. Cloud area are significant, and include:

  • St. Cloud Area Chamber of Commerce
  • Greater St. Cloud Development Corporation
  • City of St. Cloud’s Economic Development Authority
  • Minnesota Workforce Center-St. Cloud
  • The Herberger Business School at St. Cloud State University
  • Minnesota Central Region Small Business Development Center
  • The Anderson Center of Management and Leadership
  • Benton Economic Partnership
  • Sherburne County Economic Development
  • Stearns County Housing and Redevelopment Authority
  • Initiative Foundation

The area is also equipped with plenty of financial incentives, including:

  • Revolving loan programs
  • Tax increment financing
  • Small business development loan programs
  • Tax abatement
  • Construction assistance
  • Gap financing
Vibrant retail options

Downtown St. Cloud’s renewed vibrancy has made it the place to be for shopping and dining. Lining its streets are more than 80 places to shop and more than 40 restaurants.

Complementing downtown St. Cloud is Crossroads Shopping Center, the largest enclosed shopping center in Greater Minnesota. The mall is anchored by four major department stores and one of the largest sporting goods stores in Minnesota. It boasts more than 120 major specialty shops and eateries.

Additional retail sites include:

  • Centennial Shopping Center
  • Dan Tree Court
  • Division Place Fashion Center
  • Division Street Plaza
  • Marketplace Shopping Center and Annex
  • Midtown Square
  • Northgate Shopping Center
  • Plaza West Shopping Center
  • Rivertown Village
  • Riverwood Mall
  • West Point Shops
Employer Employees

St. Cloud Hospital / CentraCare Health 6,246
State of Minnesota* 1,930
St. Cloud Area School District #742 1,852
St. Cloud VA Health Care System 1,732
Pilgrim’s 1,000
College of St. Benedict / St. John’s University 962
Electrolux North America, Inc. 941
Stearns County 906
Coborn’s, Inc. 725
New Flyer of America 705

Employer Employees

Capital One 360 695
Sherburne County 667
Sauk Rapids-Rice School District #47 649
Bernick’s 642
Coldspring 620
Polar Tank Trailer 620
Alltran 597
Merrill Corporation 575
Knife River Corporation – North Central 569
Bluestem Fulfillment, Inc. 550
Wolters Kluwer Financial Service 527
City of St. Cloud 450
Woodcraft Industries 400

* Includes St. Cloud State University, St. Cloud Technical and Community College, and St. Cloud Correctional Facility.

Sources: Self-reported to St. Cloud Area Chamber of Commerce; Greater St. Cloud Development Corporation