The Great Plains Energy Park

“A national excellence award for Minot’s Great Plains Energy Park™ is no surprise. IEDCRibbonSilver.pngHere is a community that understands teamwork and holds economic development to a high standard of success. I am happy to have been part of the Energy Park project.” —U.S. Senator John Hoeven
 
The Great Plains Energy Park in Minot, North Dakota is the premiere oil center in the Bakken Shale Oil Formation’s Williston Basin. The $3.5 million development spurred more than $200 million in capital investment and created nearly 500 jobs for a growing community of about 50,000 residents in northwest North Dakota; it did this in only 3 years. Minot was able to leverage $1.5 million in federal Economic Development Administration dollars for the project. 
 
The Great Plains Energy Park provides a fast track for petroleum-related companies to expand operations into the Bakken with minimized risk through strategic platting and zoning. The park lies within the city limits of Minot, which means city services such as water, sewer and emergency services are available. The development also provides paved streets, street lighting and curb and gutter, which connects to adjacent highway infrastructure. The project was constructed in two phases, Phase I began in February 2008 and was sold out by July 2008. Phase II began in August 2008 and sold out in September 2011. The Great Plains Energy Park is home to big industry names such as Halliburton, Pumpco, FMC Technologies, and Magnum Trucking, as well as smaller petroleum servicing companies such as Integrated Petroleum Services.
 
The Great Plains Energy Park combined community assets and infrastructure to provide smart strategic growth for the community of Minot and the petroleum industry. This 100-acre development in east Minot has preserved an aesthetic appeal and maintained a high-quality community that does not look like a stereotypical oil boom town.


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