New & Expanding Businesses

Building and expansion activity continues strong in Greater Mankato.  For details on these projects, download our report of business expansions in Greater Mankato.  It provides a break down for the past three years and details by industry sector (Primary – manufacturing, distribution, processing; Professional Service – attorneys, accounting, consulting; Retail – restaurants, clothing, boutiques).

 

Greater Mankato Business Pipeline 

The following charts illustrate business/development investments occurring since January 1, 2015, or announced for future development (updated: 10/2/2017). Click here (PDF) to view the entire report with industry sector detail.

 

Government and Education

	Square feet	# businesses reported sf	Est. Construction Costs	# businesses reported cost
2017	3,584	1 / 24 projects	$18,525,938	24 / 24 projects
2016	2,688	1 / 10 projects	$10,522,850	10 / 10 projects
2015	150,687	4 / 14 projects	$278,695,100	14 / 14 projects
Total	156,959	6 / 48 projects	$331,238,318	48 / 48 projects

 

 

 

 

 

 

 

 

 

 

Primary Economy

	Square feet	# businesses reported sf	Est. Construction Costs	# businesses reported cost
2017	2,404,088	8 / 16 projects	$11,666,600	12 / 16 projects
2016	21,596	5 / 17 projects	$3,584,872	16 / 17 projects
2015	658,812	9 / 29 projects	$95,262,514	29 / 29 projects
Total	3,084,496	22 / 62 projects	$110,513,986	57 / 62 projects

 

 

 

 

 

 

 

Professional Service Economy

	Square feet	# businesses reported sf	Est. Construction Costs	# businesses reported cost
2017	71,516	11 / 38 projects	$17,945,171	36 / 38 projects
2016	195,407	24 / 44 projects	$19,118,803	44 / 44 projects
2015	166,187	18 / 32 projects	$16,479,500	31 / 32 projects
Total	626,241	53 / 114 projects	$67,337,683	111 / 114 projects

 

 

 

 

 

 

 

 

Retail Consumer Economy

	Square feet	# businesses reported sf	Est. Construction Costs	# businesses reported cost
2017	110,795	14 / 43 projects	$12,017,119	43 / 43 projects
2016	220,280	25 / 42 projects	$10,328,369	41 / 42 projects
2015	111,150	13 / 34 projects	$12,071,483	34 / 34 projects
Total	441,225	52 / 119 projects	$34,416,971	118 / 119 projects

 

 

 

 

 

 

  

 

Combined

	Square feet	# businesses reported sf	Est. Construction Costs	# businesses reported cost
2017	2,586,399	34 / 121 projects	$83,649,258	115 / 121 projects
2016	437,283	55 / 113 projects	$43,554,894	111 / 113 projects
2015	935,149	44 / 109 projects	$402,508,597	108 / 109 projects
Total	3,958,831	133 / 343 projects	$529,712,749	334 / 343 projects