After sitting vacant for more than a decade, Memorial Hall is one step closer to a possible comeback, though what it will become is still up in the air.
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“What we gain with that is capital investment on property that was taxed as agriculture now will be taxed as industrial, and so the revenue will be based upon the minimum of $500 million capital investment, a minimum of 50 full-time high-paying jobs,” said Cindy Leis, president and CEO of the Allen Economic Development Group.
During a meeting Tuesday morning, commissioners passed a resolution to create a Community Reinvestment Area (CRA) encompassing approximately 345 acres. Officials say the designated area is smaller than what was initially proposed.
PERRY TOWNSHIP (WLIO) - A Fortune 500 company could potentially bring in a data center that could result in millions of dollars in revenue to …
Economic development can be a tricky and trying business, as it takes time to get the right fit. To improve the way they do business, the Allen Economic Development Group and the Greater Lima Region are doing some restructuring. Allen Economic Development Group executive director Dave Stratton is moving into the lead role of the Greater Lima Region, and Cindy Leis is taking the helm of Allen Economic Development Group.
Delphos City Council is looking hiring a contractor to move a street, so a multi-million dollar expansion project can get started. Council had their first reading to hire All Purpose Contracting to relocate Gressel Drive to the east so Lakeview farms can build their expansion where it currently sits. Delphos had 10 bidders for the project, and All Purpose won the project with a bid of nearly $1.3 million. lakeview farms is investing around $27 million dollars to expand their commercial food processing plant and add warehouse space. Which would increase their Delphos plant about 180-thousand square feet. Thanks to grants, the city has the money needed to relocate Gressel drive and start the expansion.