GRAND ISLAND — A highly-anticipated subdivision in Grand Island is nearing completion, and it’s thanks the city’s investment in the project.
Grand Island has invested $525,000 in public infrastructure to support Vermeer High Plains’ development in the Platte Valley-East Industrial Foundation Third Subdivision. The funding, which has been allocated through the city’s LB840 program, offers support for the extension of Cobalt Drive and enhancing of city-owned water and sanitary sewer services approximately 600 feet north of Wildwood Drive.
This upgrade will enable Vermeer High Plains to establish operations on eight acres in the southwest corner of Platte Valley-East, where they plan to construct a 20,000-square-foot building modeled after their Omaha location. The new facility will focus on the sale of new and used industrial equipment, remanufacturing, service and leasing of equipment, which they will be doing without the need for additional city or state incentives.
“Vermeer High Plains’ commitment to Grand Island solidifies our position as a hub for industrial innovation,” said Mary Berlie, President of the Grand Island Area Economic Development Corporation (GIAEDC). “The construction of Cobalt Drive not only improves accessibility but also paves the way for future development opportunities within the industrial park. This investment underscores Grand Island’s attractiveness for industrial enterprises and promises a vibrant economic landscape ahead.”
The Platte Valley Industrial Park – East encompasses more than 380 acres of shovel-ready lots, located adjacent to the existing Platte Valley Industrial Park – West, which is home to 25 businesses including manufacturing, transportation, distribution and processing.
“Grand Island is committed to fostering a thriving business environment, and our investment in infrastructure is a testament to that commitment,” Grand Island Mayor Roger Steele said. “By supporting Vermeer High Plains and enhancing our utilities, we are setting the stage for future growth and attracting innovative companies that create jobs and contribute to our community’s prosperity.”
For more information, please contact GIAEDC President Mary Berlie at mberlie@grandisland.org