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Albert Lea Economic Development Agency (ALEDA)

 

Organization Info
Impacts/Collaborators
Beam Assessment

Organization Information


Organization: Albert Lea Economic Development Agency (ALEDA)

Sector: 501C-3 Non-Profit ; Commerce ; Government Agency

Organization Mission: The Albert Lea Economic Development Agency (ALEDA) consists of two separate agencies. They are the Albert Lea Port Authority and Greater Jobs Inc. The Port Authority is a political subdivision of the State of Minnesota. It was created in 1987 by the Albert Lea City Council. Greater Jobs Inc. is a private not for profit development corporation created in 1943 as Jobs Inc. Our mission is to create jobs and enhance the tax base of the City of Albert Lea and all of Freeborn County. In September 2003, a decision was made by Board members to combine the various local economic development entities into one organization in order to function in a more seamless manner, and to utilize the strengths of each organization. At that time, the Albert Lea Economic Development Agency was created. Today ALEDA serves as the mechanism where the county, city and the private sector work together for economic development in Albert Lea and Freeborn County.

Website

Albert Lea

 


Related News and Status


 

Status Reports / News 
Related PlanScape Status on: Economic Development
October 01, 2019: DMC Discovery Square Design Process

September 2019 and May 2019 Presentations to DMCC Board.

Read more ...
June 24, 2019: Discovery Square One

Royal Philips, an Amsterdam-based firm that works in a variety of health care markets such as medical devices and services, confirmed today that it plans to open a Med City office in the recently opened 89,000-square-foot One Discovery Square complex, on the corner of Fourth Street and Second Avenue Southwest.

Read more ...
May 20, 2019: Heart of the City Peace Plaza Public Realm

6 things to know about Heart of the City plans. 

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April 08, 2019: Destination Medical Center (DMC) Plan

3rd Annual DMC Real Estate Development and Investment Summit

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April 07, 2019: Southern Minnesota Initiative Foundation

BRINGING OUR RESOURCES TO A SPROUT! EVENT NEAR YOU

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April 04, 2019: Journey to Growth Plan $25M loan fund

PB: "As part of J2G, lawmakers from Southeast Minnesota are seeking to create a $25 million revolving loan fund to spur business and entrepreneurial activity in the region’s towns and cities."

Read more ...
April 03, 2019: SE Mn Together: A regional community growth initiative

April 30, 2019 Beyond Minnesota Nice Conference: Creating Welcoming and Inclusive Communities

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March 13, 2019: Southeastern Minnesota League of Municipalities (SEMLM)

State lawmakers from Southeast Minnesota are pushing to create a $25 million revolving loan fund to spur business and entrepreneurial activity in the region’s towns and cities."

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February 17, 2019: Destination Medical Center (DMC) Meeting Packet

DMCC Meeting Packet with affordable housing and transportation breakouts.

Read more ...

Community Anchor Participation:

 

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Impacts

The work of this organization may have impacts on the following areas:

PlanScape

Lvl 1: Economic Development

Lvl 2:

DMC Impact:

Community Health Impact area:

 

Projects/Programs

Confirmed Project Involvement: Journey to Growth Plan


Potential Projects

Project Involvement Candidates:


Known Collaborators

Onboard Collaborators:

 

Potential Collaborators

Potential Collaborators:

Organization Life Cycle Assessment:

Isolated Impact

Site Information
Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
Links
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