Submitted By: Roberto Ellis
presenter
Presentation By: Aubrey Hale
end
Department: Growth Management
STAFF RECOMMENDATION (Motion Ready):
title
Approve an Economic Investment Program Agreement with Interstate Trailer Plus, LLC providing incentives in an amount not to exceed $300,000
end
OCALA'S RELEVANT STRATEGIC GOALS:
Economic Hub.
PROOF OF PUBLICATION:
N/A
body
BACKGROUND:
Interstate Trailer Plus, LLC ("Applicant") is a subsidiary of the Interstate Group, LLC located in Nampha, Idaho. Interstate Trailer Plus, LLC applied to the City's Economic Development Program (EIP) on July 29, 2022, however, zoning change was required. The company is proposing to develop an indoor trailer manufacturing facility along with ancillary outdoor storage for completed trailers located along NE 19th Avenue, Ocala, Florida (parcel #26500-002-00). The proposed use required a zoning change to accommodate the outdoor storage component of the use. The applicant submitted a rezoning application and went through the public hearing process. The zoning change was approved on November 15, 2022.
Interstate Group, LLC, established in 1995, is a leader in the manufacturing and sale of enclosed cargo trailers with over 38 locations across the nation. The company plans to develop a location in Ocala to service its Florida market.
FINDINGS AND CONCLUSIONS:
The Applicant requested that the property be rezoned to better suit the proposed development. The Planning & Zoning Commission recommended approval of the rezoning Case ZON22-44951 on October 10, 2022, and on November 15, 2022 City Council Adopted Ordinace 2023-11 ratifying a rezoning of approximately 13.17 acres from M-1, Light Industrial, to M-2, Medium Industrial.
Interstate will construct a 112,500 S.F. manufacturing facility and retail store at a cost no less than $6.6 million dollars by December 2024. The applicant submitted a conceptual plan to the City for review. The proposed location is undeveloped and succes...
Click here for full text