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Corvallis‑area economic office reports CPACE approval, airport annexation work and semiconductor funding wins
Summary
The Corvallis-Benton County Economic Development Office updated commissioners on new local tools (CPACE), an Airport Industrial Park annexation survey, and federal and state funding for semiconductor and microfluidic research at Oregon State University and HP-related projects.
Christopher Jacobs, economic development manager for Corvallis‑Benton County, briefed commissioners on Feb. 18 about quarterly work to attract business investment, help existing companies, and prepare industrial sites.
The most immediate policy change Jacobs noted is the county’s CPACE (Commercial Property Assessed Clean Energy) program, which passed first reading and is expected back for a second reading in March. Jacobs said CPACE and a pending multi‑unit property tax exemption application will help spur downtown housing and taxable development.
Airport Industri…
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