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Home Economics

Council gets economic development update

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October 21, 2020
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LAURINBURG — Town of Laurinburg could possibly be seeing new companies pop up within the space, in response to Financial Growth Director Mark Ward.

The Laurinburg Metropolis Council heard from Ward on Tuesday throughout its month-to-month assembly for an financial improvement replace.

“The knowledge I’m going to offer for you tonight are simply issues which can be taking place within the metropolis limits,” Ward mentioned. “I’m going to point out you some job numbers, present you some tasks, these are all issues we’re recommending or have carried out inside the town limits.”

One factor Ward spoke on was the EDC’s funding in downtown Laurinburg. The EDC purchased two buildings on Most important Avenue — the previous Treasure Metropolis Pawn constructing and the previous Creech {Hardware} constructing.

“Treasure Metropolis Pawn … that was our first buy,” Ward mentioned. “The EDC bought it with no metropolis or county funding. The roof had a leak so it was leaking by means of the second flooring and onto the primary flooring. We’ve gutted it, we’ve cleaned it, dried it in.”

Whereas the Treasure Metropolis Pawn constructing has had some curiosity with individuals trying into it, nobody has signed a lease but. Creech {Hardware}, nonetheless, has a enterprise coming quickly.

“After we determined to buy that one we simply wished to take management of it,” Ward mentioned. “After we went inside and regarded in it there was a gap within the roof, a gap within the third flooring, a gap within the second flooring, a gap within the first flooring and an entire within the basement. So we couldn’t personal one thing that was about to fall in.”

Ward added that they felt it was the best factor to do by getting into and fixing every thing, which value about $100,000.

“Whereas we had been at that we met with some people and the lease is signed,” Ward mentioned,. “Railroad Bar and Grill goes to be our tenant for 102 South Most important St. We hope to the constructing prepared for them to begin shifting tools in someday in late November or first of December.”

Ward additionally spoke about what the EDC has carried out previously seven years.

“Scotland County Financial Growth Cooperation has been created for seven years so what’s the metropolis getting for that,” Ward mentioned. “You’ve additionally helped create 165 jobs in Laurinburg … since we’ve carried out these enterprise expansions we’ve elevated the water and sewer income for the town.”

One other space talked about had been energetic tasks which have been submitted within the metropolis limits, together with the world which may also home the brand new North Fireplace Station.

“We’ve agreed to deed over three acres of land for you for that fireplace station,” Ward mentioned. “The profit is that can present fireplace suppression for our industrial park, that’s sort of unparalleled … that may be a enormous promote level for me to draw an business to return.”

Ward additionally shared different updates on the opposite properties throughout the town and what the areas may herald, comparable to distribution facilities. He additionally spoke to the council throughout closed session.

Attain Katelin Gandee at [email protected] To assist The Laurinburg Trade, subscribe right here: https://www.laurinburgexchange.com/subscribe.



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