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2008 EDA Annual Report <br /> .ea& awa J3ank)3 Nein c "itzg - 146U2 &wdan auenue <br /> Lake Area Bank constructed and opened <br /> their new 4,984 square foot full service <br /> bank in 2008. Lake Area Bank has been a <br /> part of the City of Hugo since 2001 and r ' <br /> has been serving the surrounding areas <br /> since 1915. The bank was operating in a <br /> temporary trailer for about 2 years and is <br /> happy to finally have a new building in the <br /> Victor Gardens development. Lake Area <br /> Bank is located on the southwest corner <br /> of County Road 8 and Everton Avenue. Lake Area Bank is a progressive community bank, dedicated <br /> to providing the community with a wide range of products and services to meet your financial needs. <br /> 3&aM Cwt Mdz cam4" to Nuga - 14688 &wWon auen" <br /> On December 18, 2008 Health East Clinic <br /> i <br /> opened its doors to the Hugo community. <br /> Health East Clinic occupies approximately F_MMMI <br /> one-third of the building's 22,000 square feet <br /> and space is available for lease for the re- <br /> maining portions of the building. The building <br /> is located on the northwest corner of County <br /> Road 8 and Everton Avenue in the Frenchman <br /> Place development. The clinic offers primary <br /> care services for patients of all ages and has a <br /> special emphasis on wellness and family care. <br /> End Zane J eco peed* 9edzue&pmznt J wiect - 13891 Jawt 3ou&ua td <br /> Site plan approval was received for a 23,123 <br /> square foot retail building located at 13891 <br /> Forest Boulevard North. Currently on site is <br /> a blighted restaurant building that will be de- <br /> molished with the construction of the retail <br /> building. The retail building includes 12 _.. <br /> leased spaces that range from approxi- `Y <br /> mately 1,400 square feet to 2,500 square <br /> feet. This property is located within the City's <br /> Tax Increment Financing District (TIF). The <br /> applicant has applied for TIF for the project <br /> and a TIF Agreement has been approved by the EDA and City Council i <br />