DECC Hosts Economic Forum on Housing
Looking for Long-Term Prosperity
The DECC in Duluth played host to a forum about economic trends in the Twin Ports.
The Regional Economic Indicators Forum (REIF) brings together local business leaders and students from area colleges.
They took the time to discuss economic trends – specifically options on housing the Twin Ports area.
National Bank of Commerce CEO Steve Burgess says long term goals are most important, and that there isn’t very much real estate available in this area for new developments.
“There is a lot of property that can be redeveloped into mixed use,” Burgess explains. “Both with retiring generations and the millennial generation – I think that that would fit really well.”
Burgess says making decisions about housing now will hopefully lead to long-term prosperity.
The event included students from College of St. Scholastica, UMD, and UW-Superior, as well as representatives from National Bank of Commerce, APEX, Northeast Minnesota’s Small Business Development Center, and Wisconsin Small Business Development Center at UW-Superior.
This is the REIF’s third year.