$6M coming for development of new industrial park on Jackson County farmland
An industrial development project in Blackman Township is one step closer to breaking ground after getting a nearly $6 million investment from the U.S. Economic Development Administration.
The funds will help develop infrastructure around Jackson Technology Park North, a 181-acre plot of farmland along County Farm Road. The Blackman Township Local Development Financing Authority purchased the land for $907,400 in April 2018.
The $5.92-million grant was made available through the CARES Act Recovery Assistance Program, according to a news release. Blackman Township will also provide $1.5 million.
Officials hope to make a completed 145-acre park with “shovel-ready” sites for new and existing manufacturing companies. Planned improvements include road, sidewalk, water and sewer infrastructure.
Officials believe the project, will create 40 jobs, retain 136 jobs and generate $4 million in private investment, according to the release.
Now that the funds are set, Blackman Township Supervisor Peter Jancek said authority officials are ready to send out requests for bids on all the projects. It is hoped potential manufacturers can view the land by early 2022, depending on this year’s construction season, he said.
“It’s a great win for the entire community,” Jancek said. “Any time we can get our tax money back to community, it’s a great win.”
The Enterprise Group of Jackson, a local economic development organization, has worked with township officials on the project’s development since the land purchase.
“The new park will provide for technology based manufacturing jobs for the people in and around Jackson County,” Tim Rogers, Enterprise Group’s President and CEO, said in a statement.
Posted By: mlive on April 9, 2021. For more information, please click here to read the source article.
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