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<br /> ' Intent
<br /> Have a well-balanced local economy that builds on Pequot Lakes'natural and historical amenities,attracts
<br /> '" outside investment,encourages the creation of diverse jobs at different pay scales,and serves the consumer
<br /> � � g j P Y
<br /> ,7 and service needs of Pequot Lakes'residents and the surrounding neighborhoods.
<br /> Background
<br /> x , t i Since the early railroad days,Pequot Lakes has been a neighborhood center. It has provided consumer
<br /> goods and services to residents within its commuter-shed-the area in which employees live and commute to
<br /> X work in Pequot Lakes-which includes much ofBreezy Point,Ideal Corners,Loon Lake and Jenkins.As
<br /> the population has expanded to provide more consumers and a larger employee base within this commuter
<br /> ,t shed,the viability of a broader range of commercial ventures has increased. During the population surge of
<br /> the 1990's,Pequot Lakes experienced tremendous economic growth with a natural revitalization and
<br /> expansion of its retail and service areas.
<br /> �� Additionally,in the mid-1990's,Pequot Lakes ,4 t..c,• ,•' ��
<br /> c t established an industrial park. Although slow to �:or"' `'
<br /> lit t-,-:_,,.. establish at first,the park has expanded rapidly in the r; �
<br /> last few years with demand for space outpacing X ,
<br /> ''''-kk:'I,I supply. The industries in the park have provided the '•
<br /> area with economic stability that comes from having ,, ,f r� ,
<br /> year-round jobs and products that are exported from ,N f,� •; , :s
<br /> the area. There is general consensus among City 001at t.,u ts'e...' „4,5;e, ,
<br /> leaders that expansion of the park is necessary. INUIT.I.l PARK '••%, ^ ,
<br /> .�y. - x . w i� e�f r,I y�v ti,
<br /> rig i
<br /> : The neighborhood center of Pequot Lakes is a center i`"' *' . :�¢ ` "°" ' 4- r' i i
<br /> ,', for jobs. According to the 2000 census,the five el , ; . F ,`
<br /> largest employers in the City of Pe not Lakes were': ' °- ' ., '' 1
<br /> $ ty q �. r ,.
<br /> •U.S.Link/TDS Telecom , ,, -+sx; r .
<br /> , s� '(service sector,262 employees)
<br /> •Pequot Lakes Public Schools �. `, . _ , = "
<br /> (public sector,200 employees) '-
<br /> 2003
<br /> •HuntTechnologies
<br /> (manufacturing sector,125 employees)
<br /> •Northern Tool Call Center
<br /> (manufacturing sector,67 employees)
<br /> 32 Entrance to Pequot Lakes Industrial Park,Highway 371.
<br /> Comprehensive Plan
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