While COVID-19 remains the elephant in all convention rooms, Licking County continues to gain significant investment advantages and interest from the particular production and logistics/execution sectors.
Western Licking County, in particular, is paving the way for such execution corporations and genuine real estate developers, according to Nate Strum, Executive Director of Grow Licking County.
He expects this interest to stop soon.
See also: Preparation paintings underway for the next warehouse in Mink St. in the canton of Etna.
Strum painted a picture of a Licking County that will continue to grow in population for the next 30 years or so and will continue to reap the progression of component advertising across geography and surrounding transportation routes in a speech to members of Granville domain in October. 6. Chamber of Commerce.
A board member was asked what could be just a growing number of warehouse-style buildings of one million square feet or more being built in the county, especially in the canton of Etna and the Pataskala regions, when they are no longer stylish. Strum has vigorously refuted the claim that will never come true.
“What you’re starting to see here in the central Ohio market, in particular, is that (these warehouses) aren’t going anywhere because COVID has advanced a general concept that other people at the time still want products, they want services, they want,” Strum said. “E-commerce and order control have a massive and massive industry for central Ohio. “
Strum said: “This is a trend line that is taking a position in retail. While this trend line continues to evolve in this direction, these large-scale warehouses will not disappear, but will diversify. Kohls can be co-deployed with hardware or another end user that is not similar to your industry. That’s the trend. As the population continues to resort to e-commerce, let alone brick and mortar, they will see more and more True, false or indifferent, with the proximity of I-70, the canton of Etna and many of our spaces throughout this room, will continue to lead this verbal exchange, as we can succeed in 65% of the American population on a delivery day , (and) 50% of the Canadian population within one day of delivery on our road network.
The large buildings used through some other sector, basically knowledge data, also gave Licking County an exclusive global distinction, Strum said.
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“For all of us to be transparent about it,” he said, “Licking County now has 4 of the world’s largest renewable energy users with Amazon, Facebook, Google and guess what: Owens Corning is number six. They have their R installation.
While unemployment remains higher than at the same time last year and many small businesses and service corporations are suffering with COVID, some other sectors of the county economy appear to be strong, namely the housing market.
Strum said the lines were very much in line with last year’s figures.
Local governments also had a chance in the profit industry with tax collection in July. Strum said: “July was a record month. Many local communities have recovered very quickly. “
Just over a year after the division of the Licking County Chamber of Commerce, Grow Licking County is also having a busy year, despite the pandemic, he said.
Regarding the sites, Strum said: “Over the past 90 days, four other corporations, two of them Japanese and one Canadian, have come to market us. They’re moving quite temporarily in projects. “
This month, Said Strum, Grow Licking County has submitted two offers to the State Oversight Board “for the final review” of tax incentives and expects to have two or three more until the end of the year.
“Operationally, it’s never been so busy: we’re seeing foreign potential customers enter the market,” Strum said. “Manufacturing dominates what we see in the market. “
Looking much further into the future, until 2050, the greater central Ohio region, explained as 15 counties, is expected to succeed in a population of at least 3 million.
Licking County, which currently has a population of around 177,000, is expected to grow to around 180,000 after the existing census is published and by 2050, Strum said, Licking is expected to increase from 250,000 to 300,000.
“It’s critical that our network partners and school districts perceive what drives our local communities and make sure we’re practicing smart expansion trends, un expansive trends, but smart expansion trends,” Strum said.