Ready for Business: How the Iowa Lakes Corridor Prepares for Site Selection Success

Preparation is everything when attracting new businesses and fostering economic growth. The Iowa Lakes Corridor Development Corporation understands the high stakes of site selection and has established itself as a trusted partner for businesses and site selectors. By leveraging the statewide RFP process, the LocationOne Information System (LOIS) power, and showcasing a standout speculative building, the Corridor ensures it is always ready to compete — and win.

The Statewide RFP Process: Why Speed and Precision Matter

In the fast-paced world of site selection, time is often the deciding factor. Requests for Proposals (RFPs) and Requests for Information (RFIs) from the Iowa Economic Development Authority (IEDA) demand swift and thorough responses. These proposals often require detailed information about site availability, infrastructure, utilities, and transportation options within two weeks.

Thanks to a proactive approach to data management, the Corridor's team of experienced professionals is equipped to respond with precision. By readily available up-to-date site and building information, including details on water, sewer, electricity, fiber availability, and proximity to airports, interstates, and major highways, the Corridor ensures its region is positioned to meet—and exceed—the expectations of site selectors. This preparation enables the Corridor to compete effectively for high-impact projects that drive investment and job creation.

LOIS: A Game-Changer for Site Selection

The Iowa Lakes Corridor's site selection strategy centers on the LocationOne Information System (LOIS). This cutting-edge online tool provides instant access to detailed site and building inventory data. Through its integrated GIS capabilities, LOIS allows site selectors to customize their search using filters such as workforce demographics, infrastructure, and market information.

For economic developers, LOIS streamlines the RFP process, consolidating data for rapid proposal preparation. This efficiency ensures that the Corridor can respond to opportunities at "the speed of business." LOIS simplifies the decision-making process by empowering site selectors with detailed, real-time data and highlights the Corridor's commitment to delivering results.

Spotlight on Opportunity: The Spencer Speculative Building

As a partnership between Clay County, the City of Spencer, Spencer Municipal Utilities, Iowa Lakes Electric Cooperative, Corn Belt Power Cooperative, and the Iowa Lakes Corridor Future Fund, the Spencer Speculative Building offers a ready-made solution for businesses looking to hit the ground running. Located in the thriving community of Spencer, Iowa, this 30,000-square-foot facility is designed with flexibility, making it an ideal choice for manufacturing, distribution, or other commercial operations.

Key Features of the Spencer Speculative Building:

• Size: 30,000 square feet, expandable to 80,000 square feet
• Infrastructure: Fully equipped with modern utilities and fiber connectivity
• Proximity: Close to major highways and regional airports, ensuring seamless logistics
• Customization: A flexible layout that can be tailored to meet specific operational needs

"The Spencer Speculative Building offers unmatched benefits for businesses," said Curt Strouth, President and CEO of Iowa Lakes Corridor. “With room to expand and a location near major highways and airports, it's perfect for growing companies. Its customizable layout and modern utilities make it easy for businesses to tailor the space to their needs, ensuring they can operate efficiently and effectively."

Available now through LOIS, this property exemplifies the Corridor's commitment to providing site-ready options that meet the evolving demands of today's industries. View more details about the Spencer Speculative Building here.

Why Choose the Iowa Lakes Corridor?

The Iowa Lakes Corridor in Northwest Iowa is more than just a location — it's a partner in business success. With a track record of facilitating over 50 successful projects, creating 1,200 jobs, and driving $600 million in capital investment over the past seven years, the Corridor has proven its ability to deliver results.

By combining local expertise, statewide resources, and innovative tools like LOIS, the Corridor ensures businesses can find the perfect site and receive top-tier support. Whether navigating local approvals, assembling competitive incentive packages, or preparing for groundbreaking, the Corridor team is there every step of the way.

Ready to Make Your Move?

The Iowa Lakes Corridor is ready to deliver if you search for the ideal location to grow your business. From its readiness to respond to RFPs to its robust site selection tools and standout speculative building opportunities, the Corridor is your trusted partner for economic success.

Reach out today to learn more about how the Iowa Lakes Corridor can help you find your next home for business growth.