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| Approved Yesterday: $20 Million + in Economic Development Projects for Escambia County from the BP Oil Spill Settlement Proceeds--$14.2 for District 1's OLF-8 road infrastructure initiative... |
Yesterday was a huge day for Escambia County as two big projects moved forward and were approved at the Triumph Gulf Coast meeting in Panama City. The projects, totalling more than $20 Million Dollars, will allow for the growth of jobs at Escambia's OLF 8 property in District 1 via the construction of a high quality, durable road from 9-Mile Road to Frank Reeder road, as well as associated drainage and utilities. This will bi-sect the property and has been something multiple potential developers had looked upon as "must have" infrastructure for the field's development to commence.
The second project approved yesterday, project laser, will help to fund a manufacturing research center of excellence.
The board members received the below email notifying us of the vote by Triumph yesterday afternoon from Scott Luth, CEO of Florida West Economic Development Alliance. From the email:
"The Triumph Gulf Coast board voted to support two Escambia
projects yesterday afternoon totaling over $20 million.
The County OLF8, $14.2 million, road and infrastructure
project term sheet was approved and recommended for a full contract. This
is a tremendous milestone project to develop publicly owned, competitive, light
industrial park property to help our community keep and expand our existing
business and attract new business.
The PEDC, $6 million, Project Laser full application was
approved and recommended for term sheet development. This is a partnership
project between PEDC, Pensacola State College, Space Florida, and LIFT to
establish a new manufacturing research center of excellence in our community
(Please see the Triumph Staff recommendation of our project attached).
I would like to thank the Triumph staff and our two Triumph
board members from Escambia County, David Bear and Collier Merrill, for their
support and leadership.
Both of these projects would not have moved to this stage
without the help and support of the City, County, and many other
partners.
While these are great first steps and represent a lot of
work thus far, we will now begin to move the projects forward to realize the
long term benefits this potential investment will have within our community. I appreciate your support of our community"
About Florida West
About Triumph Gulf Coast
3 comments:
These projects are obviously great but without the BP oil spill this money isn’t there. The point for me has always been the inability of the BOCC and Escambia county to do basic government functions such as infrastructure etc with funds form disasters such as BP oil and covid. Don’t hurt your arm patting yourself on your back
Censoring comments that don’t fit your narrative speak volumes about you
1:46: I don't censor comments. I didn't censor yours, did I?
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