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08/24/2009 Council Packet
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08/24/2009 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
08/24/2009
Council Meeting Type
Regular
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APOLLO BUSINESS PARK <br />• <br />ACCOMPLISHED: <br />• All parcels sold in business park, park to full buildout <br />• Multi - tenant rental properties developed as incubator space <br />• Last TIF District will be decertified at the end of 2009 <br />• More than 1, 000 jobs <br />• More than 400,000 sq. ft. manufacturing/distribution <br />PURPOSE: Continue marketing the Apollo Business Park to high quality <br />companies to support full occupancy of existing buildings. <br />TIME FRAME: Ongoing <br />STRATEGY: <br />1. Work with landowners, landlords and prospective users to market vacant <br />properties and leasable space in the business park. <br />2. Strategize methods for creating opportunities based on current market <br />trends. <br />PROJECTED RESULTS: <br />Full occupancy of Apollo Business Park, realizing the optimal tax <br />base and job creation. <br />13 <br />
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