Episode 39: Rural Commercial Real Estate

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A rural developer is building a town square from scratch in the small town of Mapleton, North Dakota.

Justin Forde recently completed the first building in the Maple River Town Square development. The six-acre project is selling commercial space to businesses looking to serve the town, which has seen its population double over the last decade, according to Inforum.com.

In this episode of the Rural Business Show, Justin talks about what he likes about doing business in a rural setting and why he saw this project as a good investment. We discuss some of the challenges of commercial real estate development in small towns and steps rural communities can take to improve their Main Streets with new businesses and amenities.

Courtesy Photo – A look at Phase I of the Maple River Town Square development.

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