2040 Comprehensive Plan: Envision Shakopee

Shakopee has bucked national economic trends and solidified itself as a regional leader in distribution, manufacturing, and entertainment. Industry in Shakopee remains competitive in the Twin Cities region through its combination of physical assets and its geographic location. However, industrial growth has not been followed by complementary housing, limiting the city’s overall economic diversity. In the future, the city must balance; current employers’ labor and talent needs with housing options and availability, opportunities for new business attraction with economic diversification, and greenfield development with optimal utilization of its underdeveloped assets. Shakopee’s opportunity lies in leveraging its diverse economic strengths with targeted city initiatives to better meet the needs of residents, employers, and their employees now and in the future.

SECTION II ECONOMIC COMPETITIVENESS