Laurens & Clinton Approve New Spec Buildings

After having quick success with their first spec building, the City of Clinton is already laying the groundwork for a second one. The new building is proposed to be a 50,000 square foot structure.

After an extensive executive session at their meeting Monday evening, Clinton City Council voted unanimously in favor of a resolution supporting the Clinton Economic Development Corporation (CEDC) in applying for another economic development loan for the purpose of constructing a new spec building. The amount of the proposed loan is to be 3.2 million dollars.

In a related vote, also following the executive session, Council approved transfer of 10 acres owned by the city to the CEDC. This property is located on SC Highway 72 just east of Interstate 26 adjacent to the 26 Commerce Park, the site of the city’s first spec building.

 

Laurens City Council, meeting Tuesday evening, also approved a resolution of support for a new “Spec” building. This was requested by Jon Coleman of the Laurens County Development Corporation. The resolution approved by Council allows the Laurens Commission of Public Works to construct a “shell” building in Hunter Industrial Park, using money from the Hunter Industrial Park Economic Development Fund.

 

Laurens City Council this week took action on other items that deal with economic and community development.

Council voted unanimously to approve an ordinance which sets a cap on business license fees at $75,000. Council also passed a resolution which approves the application for a Hometown Economic Development Grant for $25,000. This requires a 10% local match. Laurens applied for this grant last year, but their request was denied. Main Street Director Jonathan Irick told City Council “We stand a much better chance now that we have our master plan in place.”