Caldwell Economic Development outlines growth initiatives and business expansion projects

The Caldwell City Council Budget Workshop held on June 2, 2025, focused on the city’s economic development strategies and budget allocations aimed at fostering growth and job creation. The meeting highlighted the department's commitment to enhancing Caldwell's economic landscape by supporting existing businesses and attracting new commercial and industrial ventures.

The economic development department outlined its primary mission: to stimulate economic growth in the region, create diverse quality jobs, and strengthen the community's financial foundation. The proposed budget reflects ongoing efforts to expand Caldwell's tax base and support strategic initiatives. Key investments discussed included participation in various economic development conferences and professional training aimed at improving departmental performance.

A significant point of discussion was the department's pursuit of certified economic developer status, which would enhance the expertise available within the city. The department currently has two certified professionals, and the speaker aims to become the third by taking the certification exam in November.

Caldwell's population has seen substantial growth, reaching 77,610 in 2025, a 5.71% increase from the previous year, significantly outpacing the national average. Job growth in the city has also been impressive, with a reported 41% increase from 2011 to 2021, further underscoring Caldwell's economic vitality.

Several key projects were highlighted, including significant investments from various companies. Notable developments include a $64 million investment from Homes, which is relocating its headquarters to Caldwell, and a $32 million construction project for Home Depot. Other projects include a new hospital, a food processing facility, and expansions of existing businesses, all contributing to a thriving economic environment.

The meeting concluded with an optimistic outlook for Caldwell's future, emphasizing the importance of continued investment in infrastructure and business development to maintain the city's growth momentum. The council's commitment to fostering a pro-business climate is seen as essential for attracting and retaining businesses, ultimately benefiting the residents of Caldwell.