Many transformative Marshall County projects are one step closer to receiving funding through the Regional Cities Initiative (RCI). On June 16th, Marshall County submitted several projects for final approval by the Indiana Economic Development Corporation (IEDC). These projects include county-wide housing developments, entrepreneurship centers, new manufacturing buildings, an indoor soccer complex, and a state-of-the-art aquatic center. An additional round of funding will soon be made available for upcoming projects.
A new projects being presented in the next round are Manufacturing Centers. Manufacturing Centers are hugely beneficial in attracting businesses by providing a customizable building that speeds up the time from acquisition to production. Often referred to as spec buildings or shell buildings, these centers will be placed in Argos and possibly Plymouth. The Argos Town Council recently passed a resolution approving the construction of a manufacturing center in their Industrial Park, just south of Town. The 50,000 square foot building will be expandable to 300,000 square feet, and should be completed by December 2017. A similar project is taking shape in Plymouth, just across the street from Pretzel’s Inc. Both manufacturing centers will be flexible and competitively priced.
Housing projects are advancing in Marshall County. Bremen, Culver, and Plymouth have each made significant progress with their RCI housing projects. Bremen has completed work on 4 out of 56 units as well as the first phase of its infrastructure extension. The Culver Town Council has authorized funding on a housing development that will include 24 apartments. Lastly, Plymouth will break ground on an apartment and condo complex downtown next Tuesday. All of these projects are pending review by IEDC on due-diligence documentation, except for Plymouth’s River Gate South apartment complex, which has already received conditional approval.
Provided by MCEDC
