R2023-28 Resolution Adding Territory to the Decatur Macon County Enterprise Zone - Lewis Property Development and Rentals

Home Browse Search

NAICS: 531120 - Lessors of Nonresidential Buildings Current Employment: 22 Decatur-Macon County, IL: 4 Parcel Number: 12-17-04-232-001, 12-17-04-232-002, 12-17-04-232-003, 12-17-04-232-004 & 12-17-04-232.005 Total Size: 3.8 acres Project Address: 1505 N STATE ROUTE 121—MT ZION,IL 62549 1445 N STATE ROUTE 121—MT ZION, IL 62549 1435 N STATE ROUTE 121—MT ZION, IL 62549 1425 N STATE ROUTE 121—MT ZION, IL 62549 2. Describe how, and the extent to which, the above-described project impacts at least one of the following: a. job creation or retention; The development of this project will result in the full-time employment of approximately 17 skilled trades persons during the construction phase of this project according to BEA RIMS II Multipliers (2012/2020).Additionally,it is projected that this project will potentially enable the employment of up to 50 full- time retail and service industry individuals indefinitely. b. removal or correction of an impediment to economic development that exists in the established zone (describe the obstacle to economic activity and indicate the cause, nature, extent and how the obstacle is impacting economic development); or, b. stimulation of neighborhood residential or commercial revitalization. The continued growth of commercial, service and retail opportunities in our community is central to its economic and social prosperity and fits within the stated goals of the Decatur-Macon County Enterprise Zone. B01-3 PART E.DEVELOPMENT GOALS AND OBJECTIVES Describe how the proposed boundary change meets specific objectives of the local enterprise zone program and plan. The projects in the boundary amendment ordinance and resolution meet the goals and objectives of the local zone program and plan. These objectives include fostering a pro- business, pro-jobs environment which allows businesses to grow to serve new and expanding markets, take advantage of synergies with existing businesses in the region and to add high quality jobs in multiple business sectors to further diversify the local economy.