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Economic Development reports 10 active projects totaling about $1.1 billion in potential investment
Summary
Economic Development Manager Ashley Harris told the board the department is tracking 10 active projects with roughly $1.1 billion in potential capital investment, an expectation of 131 net new jobs and about $8.7 million in annual payroll.
Economic Development Manager Ashley Harris updated the Authority that her department was actively following 10 projects representing approximately $1.1 billion in potential capital expenditures, an estimated 131 net new jobs and roughly $8.7 million in annual payroll.
Harris presented the portfolio as background ahead of closed-session discussions about several prospective projects (listed later in executive session as Project Teddy Bear, Ponderosa Update, Project Ironchef, Richlands Housing Project, Project Arrow, Solar Futures and Project Resort). The board took no direct investment decision on these portfolio figures at the public portion of the meeting; several of the projects were discussed in executive session as prospective business matters.
