Schalksmühle station and the two railway lines contributed significantly to its economic success.

[5][6] The station was modernised in 2006 at a cost of €900,000; this included the raising of the platform height to 76 cm to give level access to trains.

The Rathausplatz (town hall square) and central Schalksmühle can be reached within a few minutes across the street of Am Bahnhof ("at the station") and down some stairs.

Schalksmühle station is playing a central role as part of Regionale 2013, a set of development projects in the region of southern Westphalia.

A bridge is proposed that leads from the residential area, across the platform, the Rathausplatz and the underlying parking garage.