Location: Louisiana
Challenge:
This rural Louisiana community lost its single, major employer.
- Over 150,000 square feet in several steel buildings in an agricultural area of Central Louisiana
- No apparent market
- Company needed plan to control environmental liability and set the stage for a sale of the property in the tertiary market
Solution:
Actio’s planning, consensus building, and marketing program placed the community in a position to re-envision the single user property into a new industrial park utilizing existing infrastructure and buildings. Support from key stakeholders was essential to create a public/private partnership with the corporation, targeted to smaller users on the existing site.
Results:
Following Actio’s plan the town created an industrial authority to run the project, which found public funding and has successfully attracted small businesses.
- The corporation was able to safely remediate the site to industrial standards, contribute wetlands to a conservancy area, and become the catalyst for a new economic future
- The plan achieved 100% job replacement within two years and continued diversified growth
- The community was able to bring an investor group to purchase the park