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O'Fallon economic-development team reports high occupancy, new HQ and active business outreach
Summary
City economic-development staff told the council O'Fallon’s commercial-occupancy rates remain above 90%; staff highlighted Gateway Fiber’s planned headquarters move (about 120 jobs), ongoing recruitment efforts, and constraints from ceiling heights and limited industrial land.
O'Fallon economic-development staff told the City Council on July 10 that the local market remains strong even as the city works to replace a recent closure and to recruit new employers.
"Our occupancy rates continue to remain high, well above 90% in all three sectors," said Patrick, the city's economic-development lead, noting CoStar data and a steady ribbon-cutting pace. He said Sinlar will close at the end of the month, resulting in about 90 lost jobs at that site, but stressed a net gain for the year overall and pointed to incoming employers.
"Gateway Fiber is moving their headquarters operation into O'Fallon... they're gonna be bringing about a 120 employees to that location,"…
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