Progress made on several fronts in 2023

As we approach the end of the year, it’s a great time to reflect on the progress made in economic development efforts throughout the past year. 2023 has been a pivotal year for Aurora Development Corporation, marked by significant achievements that have contributed to the growth and prosperity of the community.
One of the standout accomplishments of the year was the successful attraction of a $20 million micronutrient facility, Specialty Ag Formulations, to Aurora. This strategic growth not only bolstered the local economy but also positioned the city as a hub for cutting-edge agricultural technology, which supports our largest industry. The facility, set to become operational by the end of next year, promises to create quality jobs and generate a positive ripple effect on various sectors of the community.
The Downtown Revitalization Funds initiative emerged as another impactful effort for current businesses. Recognizing the importance of a thriving downtown area, the City of Aurora was able to allocate resources to support local businesses through grant funds. Many businesses, ranging from small boutiques to family-owned organizations, are benefiting from the financial injection, contributing to the overall vibrancy of the city’s commercial landscape. The initiative has not only preserved the unique character of Aurora’s square but has also attracted new businesses, further diversifying the business sector.
Housing is a cornerstone of community development, and Aurora Development Corporation has been unwavering in its commitment to providing diverse housing options. Through collaborative efforts with Aurora Housing Development Corporation, developers and other partner organizations, Aurora has experienced growth in the housing market and is continuing to explore various housing projects, catering to different demographics and lifestyles. From affordable housing units to high-end lots available for development, Aurora has seen a surge in residential options, ensuring that the community is able to attract new individuals to the workforce.  
In the spirit of gratitude, Aurora Development Corporation extends its heartfelt thanks to the businesses, organizations, and individuals who have been instrumental in the year’s successes. The $20 million micronutrient facility and the Downtown Revitalization Funds initiative wouldn’t have been possible without the unwavering support of those who understand the importance of investing in the community’s future. Whether through financial contributions, volunteer hours, or direct project assistance, every form of support has played a crucial role in propelling Aurora forward.
As Aurora Development Corporation looks ahead to the future, it remains committed to fostering an environment where businesses thrive, downtowns flourish, and residents find homes that suit their needs. The support received in the past year has been instrumental, and the community should be excited about the possibilities that lie ahead. Together, with continued collaboration and dedication, Aurora is poised for even greater economic achievements in the years to come. 
 KELSEY BERGEN serves as executive director of the Aurora Development Corporation. She can be reached at kelsey@growaurora.com