Leaders in Stevens
Point are moving forward with a $48 million project to
develop the city's east side.
They want to attract a large industrial company to the area,
but some residents say it's too big of a risk.
The plan would allow the city to move money from property
taxes to this project. City officials hope it will bring in a big manufacturing
company, or several businesses, to create jobs.
"This has the potential to bring a lot of jobs," said
Stevens Point Community Development Director Michael Ostrowski.
The mayor and other city leaders are
proposing the new $48 million project to develop an area near Crossroads Commons. It covers 800 acres and is private land.
approved, the city would pay to slowly make improvements to roads and
infrastructure there to try and attract businesses. That money would then be
paid back through taxes once a company moves in.
"The city's intent is to spur
additional development, create jobs that will have a definite impact on surrounding
businesses in that area," said Ostrowski.
City leaders said the location and size
of the land could attract a big company, but some people told the plan commission the city should focus on current development projects, not new ones.
"This pipe dream of all of this
development coming, I don't see it," said one resident.
Another added, "I understand that
we're only going to do this stuff as needed, supposedly. Well, that always gets
to be a problem."
But ultimately, plan commission members approved the
The proposal will now go to the city's
common council for approval. Ostrowski said the project would take place over
20 years. He hopes the council will vote on the issue by the end of the month.
Cool and dry, then snow returning Thursday night with several inches. Another storm by late Saturday.
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