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Economic Development

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Princeton boasts a growing Industrial Park and a historic downtown that is energized and alive!  The City of Princeton is a strong supporter of existing and new businesses as shown through traditional financial incentives and local incentives tailored to specific locations and business types. The 2023 Economic Development Strategic Plan lays out the priorities and goals for the Economic Development Authority.

The Economic Development Authority and staff are here to assist you - whether you have been in business for 30 years, just starting out, or looking to move to Princeton.  

Current Projects:
7th Avenue North Infrastructure Project - Small Cities Development Program Grant:
Environmental Review


For questions or more information please call City Hall at 763-389-2040 or contact the Community Development Staff. 
Stacy Marquardt, Community Development - Planner: smarquardt@princetonmn.org
Mary Lou, Community Development Zoning Specialist: marylou@princetonmn.org


Sherburne County Tools for Business Sucess
Sherburne County Economic Development

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