Economic Development Authority Meeting Date: June 29, 2026
To: Members of the Economic Development Authority
From: Emery John, Program Associate
Title
Consider Resolution Approving Revolving Loan in the Amount of $150,000 to Lux Med Spa L.L.C. for Renovation, Equipment, and Establishment of 528 Division St.
Body
Action Requested:
Staff and the EDA Loan Committee recommend a motion to approve the Resolution Approving Revolving Loan in the Amount of $150,000 to Lux Med Spa L.L.C. for Renovation, Equipment, and Establishment of 528 Division St.EDA Resolution.
Summary Report:
Andrea Berube on behalf of Lux Med Spa is requesting a $150,000 Loan from the EDA City-Wide Revolving Loan Program. Staff received the application in late May and met with the loan committee on June 15. Staff and the loan committee both recommend this loan for approval.
Business Background
The Lux Medspa P.L.L.C. started as a spinoff from the gym owned by Andrea and her husband. Andrea obtained her certification to inject neurotoxins and fillers for the sole purpose of injecting herself and her mom. When gym members discovered she injected, they asked her to start injecting them. This business had been mobile-based, but quickly Andrea realized that a brick and mortar location would be a benefit. She opened a spot in the same building as the gym, taking a small part of the location for her business. It has grown to be a medspa providing advanced aesthetic and wellness services including injectables, medical weight loss, hormone therapy, laser treatments, restorative procedures, and thoughtfully curated skincare and some retail of product.
In 2023, The Lux Medspa moved to 502 Division St S, Northfield MN. In 2024, they opened a second location at 731 Main St., Owatonna.
Building Background
They have currently outgrown the 502 Division St S location and are moving down the street to 528 Division St S. They purchased this building and are renovating it to their needs, as well as making ...
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