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EDC pitches two shell-building options and funding plan to Martin County commissioners
Summary
EDC President Jason Semple presented two options for a shell/spec building to attract industry and discussed funding mixes (EDC contribution, Golden LEAF, U.S. CAIP) and available existing industrial properties; commissioners asked about building specs, listing availability and county contributions.
Economic Development Corporation President Jason Semple presented two options for prospective shell or speculative industrial buildings during the Feb. 24 retreat and outlined potential funding sources and county requests.
Semple described "Option 1 (Martin County Quick Start II)" and "Option 2 (Industrial Incubator)," reviewed several historical state-level project requests for buildings and explained the trade-offs in ceiling height and other specifications depending on prospective tenants. He discussed funding mixes that could include EDC contributions, Golden LEAF and U.S. CAIP dollars and said the presentation included what would be requested from the county for each option.
Semple noted several existing county or locally available buildings that might suit incoming projects, including a hot dog plant building on McCaskey Road (which has challenges), a leased storage building purchased in Jamesville, and the former Parkdale Mills building. County Manager James Bennett asked whether the Parkdale building was listed on the county—DC website; Semple said the site update would list it in the first quarter of the next fiscal year.
Commissioners discussed building requirements for target industries and possible county contributions. No formal vote or funding commitment was taken at the retreat; Semple and staff were presented county appreciation certificates.
