The Grant County Development Corporation (GCDC) has launched the first capital campaign in its 40-plus year history. The $1.5 million campaign aims to accelerate major community development priorities including affordable housing, expanded childcare capacity, business recruitment, and development-ready land for future industrial growth.
GCDC has long served as a regional leader in economic development, partnering with local governments, businesses, and community organizations to strengthen Grant County’s economy. Executive Director Traci Stein, who joined the organization in April 2024, brings more than 16 years of economic development experience from the Watertown Development Company. There, she supported large-scale business recruitment, housing initiatives, and helped prepare and implement multiple Tax Increment Financing (TIF) districts. Her experience in project management and strategic planning has advanced GCDC’s recent efforts, including the industrial park expansion and several workforce and childcare initiatives.
The Milbank Industrial Park expansion remains one of GCDC’s largest current projects. The $4 million expansion added 36 acres and 12 new lots, with 11 lots now available. A $2.5 million grant from the U.S. Economic Development Administration (EDA) funded streets, utilities, and site development, significantly reducing overall project costs and helping keep lot pricing competitive despite rising land and construction expenses. Additional support came from the South Dakota Governor’s Office of Economic Development and Otter Tail Power Company.
“Interest in the industrial park continues to grow,” Stein said. “We’re receiving inquiries from both local businesses and out-of-state companies looking to expand or relocate.”
GCDC has also placed emphasis on addressing childcare and housing shortages. The organization recently secured a $50,000 grant from the Governor’s Office of Economic Development to assess childcare needs and support local providers exploring expansion opportunities. Affordable housing solutions are being evaluated as well, with GCDC exploring successful models used in other communities.
“GCDC’s involvement in redeveloping vacant properties, expanding housing options, and advancing industrial growth is unmatched among communities our size,” said GCDC board member Brian Sandvig. “This first-ever capital campaign will help ensure we continue to elevate the economic health of Grant County for years to come.”
Board member Dave Page emphasized the campaign’s importance. “This effort allows us to plan ahead and respond quickly to new opportunities. It’s about keeping our community strong and positioned for long-term growth.”
Businesses and individuals interested in supporting the campaign may contribute at four giving levels: Visionary Partner, Cornerstone Partner, Community Builder, and Foundation Supporter. Contributions may be made monthly, quarterly, or annually, and in-kind gifts are also welcome.
For more information, contact Stein at 605-438-4232 or grantcountydevelopment@gmail.com.
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