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Developing the Successful Industrial Park
Industrial parks are market driven. The key to a successful industrial park is learning what the business desires for industrial space. Proper market research will help establish park size, lot sizes, pricing, and covenants/deed restrictions. It will set the identity for your park - light or heavy industrial, mixed, types of businesses, and types of buildings. Once the market research is completed, you then can go to site evaluation/selection, financial analysis, project finance, and finally construction. By following each step, you can be assured of a successful industrial park, with the community enjoying the rewards of the increased property valuation and employment growth.
SEH Community Development Specialists have identified funding assistance programs for these industrial park projects.