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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 "ects Public comment sought ++:'++ + +I for March meeting [ .i +"en+"++vans r" l 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 With funding from other permanent jobs created, improve- sources, the proposed project ment of utility infrastructure, woiald cost an estimated $16 mil- open space and historic preserva- lion. tion and other factors. About 750 permanent jobs The proposed $2.35 million would be created in manufactur- Central Avenue project would ing, wholesale, retail and service replace an underused derelict city industries. The jobs would have block in the core of the town with an estimated average hourly wage an 8,000-square-foot facility for of $12.96. commercial and professionalAccording to the proposal, jobs businesses, would be created as a result of The project-would generate increased commercial develop- about 42 permanent jobs in health ment and employment opportuni- services, retail trade and personal ties the water/wastewater system services. The potential hourly expansion would provide. wage for workers at the facility is The City of Seaford submitted estimated at $16.58. four proposals, all related to water CEDS panel members ranked and wastewater systems but those projects at a Feb. 16 meeting at proposals where ranked lower by Delaware. Technical & the panel because they sought 100 Community College'spercent funding, created very few Georgetown Campus. permanent jobs or could be fund- The Laurel Business Park pro- ed through other means. posal ranked second. The pro- An approved economic devel- posed $150,000 business park opment strategy could enable would house local entrepreneurs, counties to obtain financial assis- small manufacturing plants and tance from the Economic distribution centers. The park Development Administration of would create an estimated 100 the U.S. Department of permanent jobs with an average Commerce. wage estimated at $14.35 an hour. Recommendations of the The panel ranked third a pro- Sussex panel will be submitted to posal to extend water and waste- a state panel along with those water facilities along the Route 13 developed by Kent and New corridor in Laurel. Laurel has Castle counties. completed a $1.8 million water The University of Delaware's distribution improvement project Institute for Public and is seeking $11 million for Administration has assisted coun- system improvements and expan- ties in developing economic sions, strategies. NEW HOMES KITCHEN & BATH REMODEL PAVERS, SIDEWALKS & PATIOS New Construction- Large home in new Lewes commu- Beaver Dam Road, Lewes - Three building lots being. nity just minutes to the beach - home offers 4 bedrooms, offered - (1) 3.10 Acres for $349,000 Wooded, (2) .93 3 full baths, dining room, living room, large kitchen with acres $179,900 Cleared, (3).94 acres $179,900 Cleared. sitting room, and two car garage. Wooded lot. Being Site evaluations on file for LPP or Cap and Fill systems. offered at $549,000. 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 18699 Robinsonville Rd Lewes Office: 302444-6740 Fax: 362-644-6741 Email: Patrick Watts, President 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. Steve Hollenbeck Chabbott Petrosky Commercial Realtors cell: 302.382-4087 home: 302-424.2341 office: 302-678-3276 ~:.=.