Industrial Park project awaits RISE grant
Washington City Administrator Brent Hinson said Tuesday that the project that would bring another industrial park to Washington is on hold waiting for the results of the latest rounds of Revitalize Iowa’s Sound Economy (RISE) grants to be awarded.
Hinson said that the city had applied for a $300,000 RISE grant which is essential for building the roadway through the proposed 55-acre industrial park, which will be located along Highway 1 next to the wastewater treatment plant.
“I have never heard of a RISE grant being turned down,” Hinson said. “If we don’t get the grant, we will get back in touch with the committee to see what we need to do before resubmitting the grant.”
He said that he expects to learn from the committee within the next two months if the city will receive the funding for the road. This would probably lead to a late-summer or fall bidding of the project.
During discussion of the city’s five-year capital improvement plan, Hinson said that there had been businesses that have expressed interest in locating in Washington. He said the problem was that there were no industrial lots to offer them. Hinson said these businesses wanted shovel-ready lots with infrastructure in place ready to build on. He said the park would be laid out to provide space for smaller locally based businesses.
The RISE fund was created by the Iowa Legislature to assist in promoting economic development in Iowa through the construction or improvement of Iowa roads.
Plans for the industrial park began after the city acquired 120 acres to build the wastewater plant. When it was completed, city officials began discussing what to do with the property. Another option for the land was expansion of Elm Grove Cemetery.