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Agrimergent
Technology Park
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Purpose:
To create a business park for agribusinesses and related industries
that enhances and supports inter-industry linkages. Through
collaboration, businesses will enhance their profitability
and the community will build its property tax base, increase
the use of existing dense infrastructure and significantly
improve its quality of life.
Size:
Approximately 1,100 Acres (View
Conceptual Plan)
Location:
Southeast Des Moines
Agribusiness
Activities: Discovery, development/prototyping
and production.
Targeted
Industries: Agribusinesses and related companies
that fit the Park image and development strategy, coincide
with regional cluster strengths and weaknesses, fit with regional
development goals and offer long-term growth potential.
The Park
will provide an excellent return on public and private investment.
The current assessed value of the area is only $12.7 million.
It is estimated that new development will create approximately
$420.4 million in additional tax base at buildout, which will
generate $16.9 million annually to be reinvested into the
community. Land sales proceeds will yield about $32 million.
Approximately 6,500 jobs will be created. Other benefits will
include the potential to obtain substantial water and sewer
revenue. Increased business competitiveness will result from
developing this specialized niche for agribusinesses and related
industries. It will also create a positive national identity
for Des Moines and Iowa, which may attract further investment.
In addition, the community's long-term quality of life will
be enhanced.
Anchor
and related businesses continue to invest in the Park. Innovative
partnerships will be developed to manage and market the development,
provide value-added business services and create more advantages
for investors. Agribusinesses and related industries will
grow within an environment dedicated to nurturing emergent
ideas and realizing their global benefits.
| Agrimergent
Technology Park Info in PDF
format (748 KB) |
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