The Orange City Council is in the final stages of approving a series of economic development grants worth nearly $420,000. These grants are designed to bolster local infrastructure and stimulate business growth across the city. Among the funded projects are new apartment complexes on Bowling Lane and the renovation of office spaces, as well as updates to existing businesses. This strategic investment is expected to bring tangible benefits to the city’s economy, providing new opportunities for residents and entrepreneurs alike.
Key Development Projects
One of the most significant projects funded by the grants is the Bowling Village Apartments at 3320 Bowling Lane, which has been awarded a $120,000 grant. This development aims to accommodate the increasing demand for residential housing while enhancing the urban landscape. Additionally, Ace Business Park, located at 4200 Highway 105, will receive $100,000 to construct new office spaces and modern bathrooms, promoting a more attractive and functional working environment for businesses.
Moreover, the older strip center known as Awesome Plaza, situated at 16th Street and Burton Avenue, has been allocated $29,000 for crucial renovations. These updates include the installation of a new fence, which is expected to enhance the aesthetic appeal and security of the area. The Gisela Houseman Medical Center at Eagle Point is another beneficiary, with a $50,000 grant designated for the implementation of new signage, canopy, and lighting installations. These improvements aim to provide better visibility and accessibility for patients and staff.
A further notable recipient is Red Gator Rentals at 3400 Edgar Brown Drive, owned by Regan Holdings LLC. The business will benefit from a $120,000 grant aimed at significant updates, such as a glass storefront and new HVAC systems. These enhancements are projected to boost the attractiveness and comfort of the rental spaces, fostering a more competitive business environment.
Role of the Economic Development Corporation
The city’s Economic Development Corporation (EDC), which was established through a special half-cent per dollar sales tax approved by voters in 2002, plays a pivotal role in administering these grants. The EDC awards grants based on the completion and submission of corresponding bills for each project, ensuring that funds are used efficiently and as intended. Over the years, this proactive initiative has supported a diverse range of local businesses, from large-scale industrial projects to small, locally-owned restaurants.
The leadership of the EDC has recently seen a change, with George Mortimer appointed as the new president following the resignation of Jason Rodrigue. The EDC board comprises seven members, including the mayor, two council members, and four city residents, all of whom are appointed by the council. This organizational structure ensures that the EDC’s focus remains on fostering economic growth and supporting essential infrastructure projects that benefit the entire community.
The Future of Orange City’s Economic Landscape
The Orange City Council is nearing the approval of a series of significant economic development grants totaling nearly $420,000. These funds aim to improve local infrastructure and drive business growth throughout the city. The grant money will be allocated to various projects, including the construction of new apartment complexes on Bowling Lane, the renovation of office spaces, and updates to existing businesses. This strategic financial investment is anticipated to deliver meaningful benefits to the city’s economy. By enhancing local infrastructure and aiding in business expansion, the initiative is expected to generate new opportunities for both residents and entrepreneurs. As these projects come to fruition, they will likely strengthen the community and stimulate economic activity, further solidifying Orange’s position as a thriving urban center.
