Fayette, Ohio – On Friday, March 27th over 30 citizens participated in the CDC of Fayette (Chamber) March Luncheon to hear updates on Sherwood State Banks relocation efforts, the status of re-establishing a full service community grocery store within the community and the efforts to address traffic safety and maintenance concerns on Industrial Parkway, Nyce Drive and throughout the Industrial Park sector of our community.
According to CDC officials, the relocation of the bank is moving forward with the consultants hired by Sherwood State Bank making site selection recommendations to the Bank Board. When those decisions are finalized, the Bank will make its announcement to the public.
The selection of the new SSB Branch facility was necessitated by the three year block on the use of the former Huntington Bank facilities for use as a financial outlet.
A brief update on the Grocery Store Initiative was presented. Noted were the community’s efforts to save the former Kaiser’s Supermarket as a full service grocery outlet with emphasis on fresh produce, fresh meats and dairy.
Since the closure of the facility in August of 2014 efforts to attract an experienced grocery store operator have been ongoing.
The majority of the luncheon conversation focused on the initiative by the CDC to encourage the efforts to plan for and finance street improvements on Industrial Parkway. With all of the industrial space filled to full capacity within Fayette, and the construction of an additional 75,000 square ft. of manufacturing space at the corner of Gorham and Industrial Parkway, Fayette’s manufacturing sector is moving forward.
With that positive economic activity, additional heavy truck traffic is anticipated that will impact road safety and maintenance issues.
Mayor Ruth Marlatt has been at the forefront of efforts to address street concerns for the past three years based on the creation of new jobs at Fayette Business Park (former Fayette Tubular Products Plant) and all industries located in the Industrial Park. Her efforts to make connections with State Development Officials and build local alliances to discuss the issues have made significant headway in recent months.
The next Friday Luncheon will be held on April 24th from 11:30-12:30 at the Fayette Opera House. In addition to Community Updates, the issue of measuring the success of regional economic incentives on local communities will be introduced.
Discussion will also focus on sustainable, fixed asset management and its impact on local economic growth.
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