Why Elk Run

Location, location, location. The Bio- business Park at Elk Run is strategically situated on U.S. Highway 52 just north of Mayo Clinic and IBM, offering its tenants a competitive edge with direct access to strategic partnership opportunities. The region offers competitive land costs and occupancy rates, as well as favorable living costs in contrast to other biotech industry centers on the East and West Coasts. Ultimately, Elk Run offers professionals and families a place to work, live, and play surrounded by unspoiled landscapes, healthy living amenities, safe neighborhoods, top-tier education, and hard-working and reliable coworkers and neighbors.

Logistics & Transportation Overview
Information on Elk Run’s Quality of Life & Cost of Living Comparisons

The Bottom Line. The developers behind the Biobusiness Park at Elk Run are serious about tenant recruitment and are prepared to offer aggressive incentives to new tenants. Additionally, when compared to competing biotech industry centers in the United States, Elk Run offers significantly lower costs of doing business and living for its tenants and residents.

Incentives and Cost Statistics

Flexibility. The Biobusiness Park at Elk Run can accommodate firms of varying sizes and types – from start-ups to expansions, from the device industry to diagnostics to renewable materials. Elk Run offers flexibility in its facilities with built-to-suit options and potential for growth and future development, all with green technology and sustainable design in mind.

Human Resources. Educated. Reliable. Inventive and industrious. This is Minnesota’s workforce. And with a central location between Minneapolis-St. Paul and Rochester—and near Mayo Clinic, IBM, and the University of Minnesota—companies focused on research, testing, validation, and commercialization will appreciate the ease of accessibility to committed, experienced, and effective talent.

Workforce Demographics

Well-Connected. Our strategic collaborations with Mayo Clinic and IBM provide tenants with clear and more direct lines to key players and resources in many areas of interest: from Mayo Clinic’s world-renowned researchers in the individualized medicine field to the Clinic’s hundreds-of-thousands of tissue samples to IBM’s green technology infrastructure and supercomputing capabilities. There’s a direct line between Elk Run and these and many other resources—and we can help make the connection.