Preston, Minn. – The City of Preston Economic Development Authority (EDA) and Preston Area Chamber of Commerce are pleased to announce they will be holding their first ever Housing Summit at F&M Community Bank’s Community Room in downtown Preston.
This one-day summit will bring together home builders, developers, investors, suppliers, realtors, lenders, area residents and local officials to learn how Preston is preparing to grow over the next decade – with a goal of building population and 160 new homes and apartments in the City by 2030.
Attendees will learn about a newly uncovered demand for housing from the Destination Medical Center (DMC) halo effect, a proposed State Veterans Home, an award-winning school system, recreational and tourism growth and jobs at new businesses. Preston is also seeing a demand from empty nesters, the “brain gain” from the 30-40 year old population and retirees returning to the area.
To “pave the way” for home builders, City officials and leaders will present supportive policies including available utilities, zoning approvals, low permit fees, and buyer incentives.
A local development map and concept plans will be unveiled for sites of all types of households – first time buyer, move-up, executive, empty-nester, retiree, work-from-home, commuter, special needs, renter and more.
The Housing Summit begins with registration and lunch from 11:30am to 12pm at F&M Community Bank, 100 St. Anthony St. North. Presentations will be from 12pm to 2pm followed by networking at the National Trout Center and Trout City Brewing at 2:00 pm. The cost to attend is free but seats are limited. To register go to: www.prestonmn.org/housing-summit.
Lunch is sponsored by Bunge Construction, John Nelson – Coldwell Banker Burnet and Main Street Properties. This summit is part of the “Livability Project” – a partnership between the Preston EDA and the Preston Area Chamber of Commerce.
Funding for this project came from grants from the Southern Minnesota Initiative Foundation (SMIF) and the Preston Area Community Foundation (PACF).
For more information on the City of Preston please visit: www.prestonmn.org.