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Commission hears update on San Luis business incubator; consultant to review lease rates and program options
Summary
Staff and consultants described the 20,000-square-foot San Luis Business Incubator (seven suites), current tenants and lease structure; consultants will evaluate market rates and program services to help make the incubator revenue-neutral and expand programming such as co-working and community kitchen ideas.
San Luis economic development staff and outside consultants briefed the Economic Development Commission on Oct. 1 about operations at the San Luis Business Incubator and a consultant-led review of lease rates, services and program design.
Rogelio Martinez, the department's administrative coordinator and on-site manager for the incubator, said the 20,000-square-foot facility on approximately 3.8 acres in the San Luis Industrial Park is divided into seven suites (suite sizes cited in the presentation range from about 1,400 to 4,200 square feet). He said the incubator was built before 2013, opened to the public in 2015 and is currently at capacity.
Current tenants listed in the presentation include JVR Trade LLC (candy distribution), Honest to Date (date packaging and distribution, using part of the space for headquarters and storage), CL Technologies LLC (consumer electronics distribution), AZ Med USA (refurbishment and distribution of medical equipment and…
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