Economic Growth In Decatur

Posted:

Decatur – In the past decade over $1 billion dollars in new economic development projects have been started or completed in Decatur.

The projects range from small to big, providing job opportunities, tax dollars and growth.  Decatur Economic Development Officer Patrick Hoban tells WAND’s Doug Wolfe that just this week he conducted site tours for 2 new potential restaurants.

This week a ribbon cutting was held for National Foodworks Services.  A $2 million dollar investment in a incubator for companies looking to distribute food products.  Two weeks ago, Shurco relocated into the city of Decatur with a 16,000 square foot facility.  It’s a $1.6 million dollar investment.  Shurco currently employees 12 people and will eventually employ 20. 

The demolition of an old motel on Pershing Road is expected to result in economic development opportunities.  Hoban tells WAND News there are currently multiple interested parties looking at the 9 acre site.

Haines & Essick announced late last week that it is closing its downtown store at 130 E. William Street.  On the bright side the space could eventually be used for new businesses coming to downtown.  Striglos Office Equipment continues to operate a profitable business on the upper floors of the location.

Other recently announced projects are already in the construction phase.  Two are hotel projects that will create a Hampton Inn and a Holiday Inn Express with a restaurant.  Along with a restaurant in the old Mancino’s at 2805 N. Main Street and a new Sonic near the Decatur Airport.

Developers looking for space for businesses can find information at DecaturRetail.com.

(Pictured: Old motel located at 450 E. Pershing. The structure was recently demolished.)

Current Conditions
/