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Orange council approves EDC incentives for three development projects
Summary
The City Council voted to approve three Economic Development Corporation incentives — Gulf Street Industries, Cypress Wood Flex Park and Newton Court LLC — totalling up to $440,000 in potential reimbursements for infrastructure improvements and supporting a $9 million planned capital investment and an affordable-housing project.
The City Council of Orange on Dec. 9 approved three separate incentive motions forwarded from the Orange Economic Development Corporation to support infrastructure work at local redevelopment and industrial sites.
Mister Trahan, speaking for the EDC, described the first item as the repurposing of a former McCoy’s location at 4514 West Lutcher Drive, for which the EDC recommended infrastructure improvements not to exceed $200,000 for Gulf Street Industries. Trahan said the project is intended…
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