Savage, Minnesota: A Premier Destination for Commercial Real Estate

Introduction

Located in Scott County, Savage, Minnesota, is an emerging hub for commercial real estate (CRE) opportunities. With a population of over 30,000 residents, Savage is part of the Twin Cities metropolitan area, offering a strategic location for various industries. Known for its robust economy, the city is characterized by a mix of industrial, retail, and office developments. Its proximity to major transportation networks makes it an attractive destination for businesses seeking to expand in the Upper Midwest region.

Economic and Industry Overview

Savage's economy is diverse, with significant contributions from industries such as manufacturing, logistics, and retail. The manufacturing sector, in particular, drives demand for industrial properties, while a burgeoning retail scene supports a variety of retail spaces. The Scott County Economic Development Authority actively promotes growth and development, offering various initiatives to enhance the local business environment.

Strategic Location and Transportation Infrastructure

Savage benefits from excellent transportation infrastructure, including access to major highways such as Interstate 35W and U.S. Highway 169. The city is strategically positioned near the Minneapolis-Saint Paul International Airport, facilitating efficient air travel and cargo transport. Additionally, the nearby Port of Savage acts as a pivotal multimodal hub, connecting rail and river transport systems. For more information about transportation infrastructure, visit the Minnesota Department of Transportation.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Savage features several submarkets, including vibrant retail corridors and expanding industrial zones. Key asset classes include industrial, retail, office, and medical properties, with zoning regulations that support diversified development. The city's Zoning Map provides detailed information on zoning changes and overlays that could benefit developers.

Major Employers and Institutions

Savage hosts a mix of prominent employers and institutions that contribute to CRE demand. Notable employers include the Savage-based headquarters of CHS Inc., one of the largest agribusiness cooperatives in the U.S. Additionally, proximity to institutions like the University of Minnesota and local government centers further drives demand for commercial spaces. Explore more about local employers through the Savage Business Directory.

Notable Commercial Developments & Projects

Savage is witnessing several large-scale developments, including mixed-use projects and innovation parks. The city's participation in public-private partnerships and Opportunity Zones aims to foster economic growth and attract investment. For more information, visit the Savage Planning Department.

Building Permits, Planning, and Development Tools

Savage provides comprehensive development resources for real estate professionals. Access the Building and Safety Department for information on building permits. The Permitting Portal offers streamlined access to necessary approvals. Utilize the GIS Parcel Viewer and the Planning Commission for further insights. The Development Code outlines regulations for commercial projects.

Market Data & Economic Reports

Public data sets from Census.gov and the city’s open data portal provide valuable insights into Savage’s economic landscape. Brevitas leverages AI-powered aggregation from these public sources and internal insights, offering powerful dashboards for real estate analysis. Explore Brevitas-powered insights for Savage, Minnesota, here.

Why Use Brevitas for Savage, Minnesota CRE?

Brevitas offers a comprehensive suite of tools for CRE discovery in Savage, Minnesota. Our platform provides AI-driven insight, real-time market alerts, and smart property pages, facilitating efficient dealroom collaboration. With features like auto-generated listing pages, email and landing page tools, and integration with brokers and developers, Brevitas ensures exclusive listings receive premium exposure. Discover the advantages of using Brevitas for your commercial real estate needs in Savage, Minnesota.