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201 N. Third St. Ste. 220
Northeast Missouri Economic Development has been working since 1962 to promote the well-being and growth of existing businesses as well as the promotion of new industrial and commercial development in the area. Northeast Missouri has a lot to offer. Manufactur... more.
Missouri Economic Development Council - Co-Director District 2
Co-Director Region 2
Information Technology Director and National Accounts Executive
George Walley, executive director for the Northeast Missouri Economic Development Council, said he hoped the company would avoid a shutdown.
"We hate to lose a business that's been in business as long as they have," he said. Walley said the economic development group will seek another business to occupy the site. He noted the region is in need of industrial and manufacturing spaces.
"L3 is actively marketing the site and their website is showing two food businesses on the site as 'contract pending,'" wrote George Walley, Northeast Missouri Economic Development Council executive director, in his report last month.
During the February meeting of the Northeast Missouri Economic Development Council, George Walley, executive director of the group, reported that the project is moving forward. He noted that a sign has gone up at the 3405-3441 St. Mary's Ave. site, directing people interested in leasing space in the buildings to contact L3 Corporation. "L3 is actively marketing the site and their website is showing two food businesses on the site as 'contract pending,'" wrote Walley in his report last month. Walley advised Northeast Missouri Economic Development Council members that Cedarwood Development was holding off on commissioning the study until it had received signed contracts, rather than letters of intent, regarding the northern and southern buildings.
Among those applauding the efforts to become a CWRC is George Walley, executive director of the Northeast Missouri Economic Development Council.
"I think it's an extremely important program," he said.
George Walley, executive director of the Northeast Missouri Economic Development Council, said he sees the work ready designation as a "selling point" for businesses in addition to serving as a way to pinpoint educational areas that require attention.
"I feel this will connect the employers, both technical and nontechnical, with the education system," he said.
"I know nothing about them (Regency) other than this is their first property in Missouri and they have a number a number of shopping centers in southern states," said George Walley, executive director of the Northeast Missouri Economic Development Council.
Walley added he will be attempting to contact the new owner of the 278,190 square foot shopping center in Hannibal. "They (Hauck) had the (Huck Finn) shopping center for a number of years," said Walley. The shopping center, which opened in 1965, is anchored by JC Penney, Dunham's Sports and Big Lots. It also is home to other national retailers such as Rue 21, Hibbett Sports and Dollar General. Walley reports he had been in touch with Hauck earlier this month as he pursued a rumor that a new business had signed a lease to occupy the 28,972 square feet of space on the shopping center's southeast corner that had served as the home of Kroger's for decades, and more recently was filled by Sears.