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Richmond council establishes industrial development district for Prosper Tech
Summary
The Richmond City Council approved Resolution 2026-9 to establish a 6.328-acre industrial development district on Skinner Drive for Prosper Tech Machine and Tool, allowing the company to seek an industrial facility tax exemption after proposing over $12 million in investment and about 40 new jobs.
The Richmond City Council voted to approve Resolution 2026-9 on a 6.328-acre Industrial Development District for Prosper Tech Machine and Tool, LLC, a step that allows the company to apply for an industrial facility tax exemption under the city’s policy.
Heidi Devray, who identified herself as representing Prosper Tech, told the council the planned expansion is “a significant investment, for us personally and as a company,” and invited council members to a groundbreaking next Wednesday (time given in the…
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