Silver Bay, Minnesota

Silver Bay

Silver Bay MN Real Estate is a great investment. With close proximity to a new Business Park, Lutsen Mountains, Two Harbors, and generous tourist traffic along the North Shore of Lake Superior, the area is poised for growth.

1956 was a banner year for Silver Bay. The last of 6 pelletizing machines was fired up in February, and the first shipment of pellets went out on the C. L. Austin in April. Campton Elementary School was dedicated on March 11 thereby eliminating the overcrowding in the small two-room school in Beaver Bay. The $350 million Reserve plant was officially dedicated on September 3 and was renamed the E. W. Davis Works. On October 16, Silver Bay voted to incorporate with a mayor-council form of government.

In 1958, William Kelley High School, named for Reserve’s first president, was opened eliminating the long 28-mile bus ride to Two Harbors. That same year, Reserve announced that it was selling its shopping centers in Babbitt and Silver Bay to J. W. Galbraith. Silver Bay’s Rocky Taconite shopping center was once heralded in the Duluth News Tribune as “expected to be the largest on the North Shore north of Duluth.”

The 1960′s brought a second wave of Silver Bay MN real estate growth when in April 1960, Reserve announced it was expanding its production from 6 million to 10 million tons per year. This expansion was a three-year $100 million project which created almost 400 new jobs. More houses, city buildings, stores, and Mary MacDonald Elementary School were built. Rocky Taconite came to symbolize Silver Bay as the “Taconite Capitol of the World” when it was dedicated in 1964.

Within two years of the completion of the Mile Post 7 project, the demand for steel declined. Mills, mines and plants were closing and thousands of people were losing their jobs. Reserve cut its production and workforce and finally closed on July 31, 1986. Over its 30 years of operations, Reserve shipped almost 219,024,410 tons of pellets. Learn more about Silver Bay, MN.

Learn more about Silver Bay, MN

Local Businesses

North Shore Scenic Cruises

Daily sight seeing cruises from the Silver Bay Marina mid May through October. Interactive presentations exploring the history of underwater shipwrecks and Split Rock Light House. Cruise duration is 2 hrs giving you the most of your Lake Superior experience from Split Rock to Shovel Point

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AmericInn Silver Bay

150 Mensing Drive, Silver Bay, MN   55614

Located on the beautiful north shore of Lake Superior. Indoor recreation center with pool, 110 ft figure 8 waterslide, wading pool with toddler slide, whirlpool and steam room.Complimentary breakfast bar. Pets allowed. free wi-fi. 110 foot waterslide

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Thrivent Financial

69 Nelson Drive, Silver Bay, MN   55614

Sales and Service of insurance and investment products, insurance with Blue Cross/Blue Shield.

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Jones Cleaning & Professional Building Service

723 15th Avenue, Two Harbors, MN   55616

Commercial cleaning, cabin cleaning, lawn service, carpet cleaning, stripping and waxing floors and window washing. Providing quality service for 13 years! Free estimates

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