U.S. Department of Commerce Invests $2 Million in Tigard to Boost Business Development Capacity
Contact: EDA Public Affairs Department, (202) 482-4085
September 28, 2016
WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Tigard, Ore., for infrastructure needed to serve an industrial district currently under construction to help increase the region’s business development capacity. According to grantee estimates, the project is expected to create 152 new jobs and retain 70 existing jobs.
“The U.S. Economic Development Administration is focused on supporting local plans to boost business development and job growth,” said Secretary Pritzker. “The EDA investment announced today will provide the infrastructure Tigard needs to increase its development capacity and encourage economic growth for the region.”
The EDA grant will facilitate infrastructure improvements for a 138-acre industrial district. The project will include 2,040 linear feet of public road designed as a complete street for industrial use with curb and gutter, sidewalks, bike lanes and storm water planter areas for water quality treatment. Within the road alignment, an 8-inch server, 12 inch waterline, and a 15 inch storm water line will serve adjacent to industrial sites.
About the U.S. Economic Development Administration
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth. To learn more about EDA, visit www.eda.gov.