Lebanon highlights mixed housing, retail and $90 million CyrusOne expansion in industrial park

City Manager Scott Brokaw and staff outlined ongoing private development projects across Lebanon, including residential subdivisions, an apartment complex and a major data‑center expansion.

Why it matters: Staff said municipal electric revenues and local tax receipts from large commercial projects help fund city services and reduce pressure on property taxes.

Notable projects: Brokaw described Parkside as a large mixed‑use development with multiple housing types and public parkland; he later said the total number of residential units in Parkside is 1,200. Founders Landing is a multi‑phase apartment development behind Walmart expected to total about 250 units when complete. Toll House Farms is a 67‑lot single‑family subdivision under development. Brokaw named upcoming retailers including Tractor Supply (near Kroger) and a Wawa location under construction near Bypass 48 and Kingsview Drive.

CyrusOne expansion: Brokaw highlighted an industrial investment by CyrusOne—an existing data‑center operator in Lebanon—describing a roughly $90,000,000 investment and a rapid increase in electric load tied to the expansion. He said the site’s electric demand was expected to grow from about 5.9 megawatts this year to nearly 26 megawatts in coming years.

City role and incentives: Brokaw noted the city supports infill and repurposing of existing commercial space and has economic development incentives for small business (matching grants up to $10,000 for preapproved façade or expansion work). He also emphasized that municipal ownership of the electric utility allows the city to retain a kilowatt‑hour tax share that benefits the general fund.

Ending: Brokaw closed by noting the city’s calendar of festivals and by confirming the presentation materials and recording will be posted online.