From Bare Land to Economic Hub: Worth County’s Interchange investment sparks development
18 Apr 2023
Infrastructure development plays a critical role in the economic growth of any region. The Winn and Worth Counties of Iowa have recently witnessed a surge in infrastructure development, which has sparked new investment opportunities in the area. The Board of Supervisors of Worth County has been at the forefront of this development, working tirelessly to attract new businesses to the region.
Worth County, Iowa, has taken a bold step towards economic development by investing in the Interstate Interchange infrastructure in the hope of sparking commercial and retail development in the area. According to Worth County Supervisor Aj Stone, the decision to develop the property came after a long period of limited interest in the property due to the lack of utilities to service it. The Board of Supervisors decided to develop the property and create shovel-ready lots that would make it easier for businesses to visualize how their buildings would look in the area.
Interchange Investment: The plan is to attract long-term investors to the area
Although the investment has yet to yield any significant results in terms of boosting the local economy and job market, there has been a lot of interest from potential investors since the completion of the project. Stone explains that the long-term plan is to develop the interchange into a small community of retail businesses, hotels, and other commercial enterprises. The county has invested a significant amount of money in the water and wastewater system and the new development, hoping that the infrastructure investment will attract businesses to move into Worth County and other neighboring areas.
Worth County: Creating a conducive environment for business development
The decision to invest in the infrastructure at the Interstate Interchange is a strategic move that highlights the importance of creating a conducive environment for businesses to thrive. By creating shovel-ready lots and investing in the water and wastewater system, the county has made it easier for businesses to visualize their potential growth and expansion in the area. This approach is a departure from the bare land approach the county had been using, which needed more success in attracting investors to the area.
Stone stated that the economic impact of the infrastructure investment is expected to be significant in the long run, with the creation of quality jobs and a boost to the tax base for the county. The potential for developing a small community of retail businesses and hotels at the interchange is also a positive step towards creating a vibrant economic hub in the region, he said.
In conclusion, the investment in the Interstate Interchange infrastructure by Worth County, Iowa, is a strategic move toward economic development that highlights the importance of creating a conducive environment for businesses to thrive. The long-term goal of developing the interchange into a small community of retail businesses, hotels, and other commercial enterprises is expected to boost the local economy and create quality jobs for people in the region.
Winn-Worth Betco: A vital resource for businesses and entrepreneurs
The Winnebago and Worth Counties Betterment Council (Winn-Worth Betco) supports all businesses and developers looking to grow in our 14 communities. We invite you to discover all that our communities have to offer. Contact us for more information here. Follow us on Facebook, Instagram, Linkedin, and Twitter!