The City of Shoreview was honored in 2013 with the Business Retention Project of the Year Award by the Economic Development Association of Minnesota (EDAM). The City was recognized for the adoption of a comprehensive Business Retention and Expansion (BRE) Program that focuses efforts on retaining and growing key existing businesses, including personal visits by members of the City Council, Economic Development Commission, and City staff. The BRE program has contributed to recent business expansion projects by two leading companies in Shoreview, PaR Systems and TSI Incorporated. These projects will provide new jobs and added tax base to the community. Members of the City Council, Economic Development Authority and Economic Development Commission attended a ceremony to accept the award on behalf of the City of Shoreview.