September 22, 2023

Small Business

Business Nes

Andrews planning for new business park development

4 min read
Andrews Economic Improvement Company Executive Director Morse Haynes talks about a new company park that the company recently been given an Financial Progress Administration grant for. (Ruth Campbell|Odessa American)

ANDREWS An Economic Progress Administration grant through the U.S. Department of Commerce will assist finance infrastructure for a new industrial park in Andrews.

U.S. Secretary of Commerce Gina M. Raimondo announced May perhaps 24 that the Department’s Financial Development Administration awarded a $1.5 million grant to Andrews Economic Progress Corporation for vital infrastructure to aid a new small business park. The grant is funded by the American Rescue Approach.

The funding will supply highway and drinking water infrastructure for the Northwest Company Park, supporting organization progress and development, a information release explained.

The EDA grant will be matched with $2.4 million in neighborhood cash and is envisioned to produce 50 jobs and crank out $62 million in non-public expenditure, in accordance to grantee estimates.

The infrastructure will contain h2o, sewer and streets for a new industrial park which will be on the northwest aspect of city, Andrews Enhancement Company Govt Director Morse Haynes explained.

The park entails a 44-acre tract. Haynes said they will get started the procedure of acquiring the land platted.

The Financial Improvement Company bought the land about a year in the past.

“We thought we experienced a quite fantastic opportunity to get the grant, so we basically hired a grant writer to put this together for us,” Haynes claimed.

He included that there are no certain options nevertheless for what will go into the park, but they want to allow people know there will be plenty available.

Haynes explained he would most likely plat seven tons and if there is a major challenge, they could be mixed.

There are two industrial parks in Andrews at present — Enterprise Park West and Business enterprise Park South. Most of the loads in every park by now have corporations on them.

“… The enterprise parks have been a fantastic way to get businesses to find in this article and to develop,” Haynes claimed.

Andrews Economic Enhancement Corporation Government Director Morse Haynes talks about a new organization park that the corporation just lately obtained an Financial Enhancement Administration grant for. (Ruth Campbell|Odessa American)

If there is a fantastic task, he said the entities will perform jointly.

“… Sometimes there will be a tax abatement, and that’s in which all the entities except the college, the medical center district and the county and the city all go alongside one another on a tax abatement. We do that to inspire folks to come in this article, far too,” Haynes included.

He said the school district is a excellent drawing card.

“You get a little little bit a lot more rural variety environment and some folks want their young ones to go to a minor more compact school sometimes. I grew up in a city, a graduating course of 28, so I’m a proponent of smaller sized educational institutions myself,” Haynes claimed.

He grew up in McLean, about 70 miles east of Amarillo.

Haynes claimed he will go out for requests for skills from some engineering companies to pick out an engineer to plat the land.

“Once we get it platted, we’ll go out for bids to set the water, sewer and roadways in,” he explained.

Haynes explained he estimates it will be about two a long time prior to companies begin popping up at the park.

“You actually do not have everything to encourage, except you have all the infrastructure there. It’s not a internet site right until you have it all. Otherwise, you have just obtained land,” Haynes reported.

When businesses arrive to town they check with if there is water, sewer, fiber and internet.

“And when you can look at of course on all all those boxes then they will just take a far more major glimpse at you,” Haynes mentioned.

The organization park is in an space of town that is escalating with new homes and residences and prospective for far more.

Haynes has been government director of Andrews Economic Advancement Company for 3 and a fifty percent several years. He did the similar work in Monahans for 13 decades.

Haynes said he moved to Andrews to be closer to relatives. His son is the financial growth director in Denver Metropolis.

“He’s performed a good occupation. He enjoys it. He’s starting off at a more youthful age than me,” Haynes mentioned.

He labored for Oncor for 21 years right before heading into economic advancement.

Haynes extra that becoming in a organization that serves the place aids enormously in financial enhancement.

Doing the job with the electric powered corporation, he did easements and figured out a lot about utilities. Then in Monahans, he discovered a lot more about metropolis utilities these kinds of as drinking water and sewer.

“We really put in h2o in selected streets on the east side of Monahans,” Haynes claimed.

The financial progress corporation there formulated the land wherever the Ward County Function Center is now. There also is a restaurant and resort close by.

“We owned that land and the county was awesome,” Haynes reported.

U.S. Department of Commerce invests in Andrews organization park