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Economic development staff reports rising leads, site visits for Cedar Tech 1
Summary
Economic development staff said the team is closing the gap on lead generation compared with last year, hosted multiple site visits and is evaluating new tools to generate international leads for Cedar Tech 1 and New Hope Corporate Park.
Arthur, an economic development presenter, told the board the team made ‘‘significant ground’’ on leads in February and hosted several site visits, including three companies in one week evaluating Cedar Tech 1 (phase 2 of New Hope Corporate Park). He said year‑to‑date leads are behind last year’s count but improving, and staff are following up on recent site activity.
Arthur described a range of companies looking at the area — from international semiconductor firms to national defense contractors — and said the city will evaluate additional data tools to target industry verticals abroad. He said any deeper drill‑downs beyond the initial free report would require paid reporting and further staff follow‑up.
