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Lewes, Delaware
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February 24, 2006     Cape Gazette
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February 24, 2006
 

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32 - CAPE GAZETTE - Friday, Feb. 24 - Monday, Feb. 27, 2006 Economic development panel selects Laurel projects Public comment sought for March meeting By Henry J. Evans Jr. Cape Gazette staff A county economic develop- ment panel has given three Laurel projects top rankings making it possible the proposals could receive federal funding. Sussex County's Comprehensive Economic Development Strategy (CEDS) panel ranked Laurel's Central Avenue Block Commercial Development Project highest. Proposals were ranked by how well they met a variety of goals and criteria set by the panel. Plans were judged by a variety of criteria including the number of permanent jobs created, improve- ment of utility infrastructure, open space and historic preserva- tion and other factors. The proposed $2.35 million Central Avenue project would replace an underused derelict city block in the core of the town with an 8,000-square-foot facility for commercial and professional businesses. The project-would generate about 42 permanent jobs in health services, retail trade and personal services. The potential hourly wage for workers at the facility is estimated at $16.58. CEDS panel members ranked projects at a Feb. 16 meeting at Delaware Technical & Community College's Georgetown Campus. The Laurel Business Park pro- posal ranked second. The pro- posed $150,000 business park would house local entrepreneurs, small manufacturing plants and distribution centers. The park would create an estimated 100 permanent jobs with an average wage estimated at $14.35 an hour. The panel ranked third a pro- posal to extend water and waste- water facilities along the Route 13 corridor in Laurel. Laurel has completed a $1.8 million water distribution improvement project and is seeking $11 million for system improvements and expan- sions. ,:' ,: Ebbmiciii With funding from other sources, the proposed project woiald cost an estimated $16 mil- lion. About 750 permanent jobs would be created in manufactur- ing, wholesale, retail and service industries. The jobs would have an estimated average hourly wage of $12.96. According to the proposal, jobs would be created as a result of increased commercial develop- ment and employment opportuni- ties the water/wastewater system expansion would provide. The City of Seaford submitted four proposals, all related to water and wastewater systems but those proposals where ranked lower by the panel because they sought 100 percent funding, created very few permanent jobs or could be fund- ed through other means. An approved economic devel- opment strategy could enable counties to obtain financial assis- tance from the Economic Development Administration of the U.S. Department of Commerce. Recommendations of the Sussex panel will be submitted to a state panel along with those developed by Kent and New Castle counties. The University of Delaware's Institute for Public Administration has assisted coun- ties in developing economic strategies. Personal finance the topic of Feb. 26 radio show This week's topic on "Let's Talk Money," sponsored by Tom and Craig of the McGlone/Lusco Financial Advisory Group of Wachovia Securities, will host a discussion titled Investing in Boats, Fact or Fiction, with the Delaware Marine Group. Listeners may call 945- 9292 with specific financial questions. "Let's Talk Money" is from noon to 1 p.m., Sunday, Feb. 26, on WGMD 92.7 FM. NEW HOMES RENOVATIONS KITCHEN & BATH REMODEL PAVERS, SIDEWALKS & PATIOS New Construction- Large home in new Lewes commu- nity just minutes to the beach - home offers 4 bedrooms, 3 full baths, dining room, living room, large kitchen with sitting room, and two car garage. Wooded lot. Being offered at $549,000. Beaver Dam Road, Lewes - Three building lots being. offered - (1) 3.10 Acres for $349,000 Wooded, (2) .93 acres $179,900 Cleared, (3) .94 acres $179,900 Cleared. Site evaluations on file for LPP or Cap and Fill systems. RBYCC- 3000 sq ft. custom built home 5 bedrooms, 3.5 baths, great room with vaulted ceiling, double sided stone fireplace, large kitchen with breakfast bar, dining room, sun room and much more. $779,000 "We build quality, not quantity.'" 18699 Robinsonville Rd., Lewes Office: 302-644-6740 Fax: 362-644-6741 Email: thewbcOmsn.om Patrick Watts, President Steve Hollenbeck Chabbott Petrosky Commercial Realtors  cell: 302.382-4087 home: 302-424.2341 office: 302-678-3276