AUBURN, Maine (NEWS CENTER) -- After years of planning, the permit is in place to break ground for a new industrial park in Auburn.
Auburn City Manager Clint Deschene said the 100-acre plot has eight lots that would generate about 200 new jobs and $1 million in additional property taxes for Auburn.
The parcel, which is adjacent to the Auburn-Lewiston Municipal Airport, has nearby air, road, and rail access that would make for an attractive location for new business, Deschene said.
With the final approval from the Army Corps of Engineers, city officials expect to break ground by the spring of 2013.
Funding comes from a $3 million bond passed in 2005, along with $1.7 million dollars from the city of Auburn for a matching grant from the federal Economic Development Administration.
It's still too early to have tenants for the new park, but city officials are optimistic coming off of the success from the nearby, 58-acre Kittyhawk Industrial Park.
Space filled in the Kittyhawk Park in about five years -- 10 years ahead of schedule, said Deschene.
"Lewiston and Auburn has been working with rebuilding its economy before everybody else was, so we had a little bit of a jump start," said Deschene. "We're ahead of the game right now."