Notice of Investment Award for City of Lake Worth's Park of Commerce from the U.S. Economic Development Administration (EDA):
Title: Construction of Infrastructure Improvements
DOC Bureau: Economic Development Administration
Investment No and Type: 04-01-07113 – Public Works
Applicant: City of Lake Worth/Palm Beach County Board of County Commissioners
Contact Information: Greg Vaday, Principal Planner, Palm Beach County Board of County Commissioners, Department of Economic Sustainability (561) 233-3630, gvaday@pbcgov.org
City/County, State: Lake Worth/Palm Beach County, FL
U.S. Congressional District: 20, 22
EDA Investment Amount: $1,389,100
Total Project Cost: $5,426,600
Anticipated Impact/Outcome: 320 jobs created and $19.3 million in private investment leveraged
Description: This EDA investment funds critical infrastructure improvements to support development of a 375-acre commerce park in Lake Worth. The improvements will support expansion of existing manufacturing businesses and will help strengthen and enhance diversification of the region’s manufacturing cluster. By boosting new commercial and industrial development, this project will create opportunities for job creation in the region.
EDA grants are awarded through a competitive process based upon the application’s merit, the applicant’s eligibility, and the availability of funds. More information on EDA’s grant process and investment process can be found at www.eda.gov.
Should you have any questions, please contact EDA at (202) 482-2900.
*This news first became officially public on Friday, 2/12. It wasn't until Tuesday, 2/16, that the Post made any mention of this item and it still hasn't made the print edition. Question: How long did it take for the false news report about a 'curfew' in Lake Worth to make the print edition?