A deal almost two years in the making came to an official close Tuesday with the announcement by Perry Economic Development Inc. of the sale of the speculative warehouse shell at 510 Research Drive in the Perry Industrial Park to T.C. & B. Corporate Wearables Inc., a Perry manufacturer of textile products, such as caps, sportswear, promotional gifts and incentives.
“The sale marks another successful milestone for Perry Economic Development Inc. (PEDI),” a statement released Tuesday by PEDI said. A promotional video accompanied the PEDI statement.
The Perry Industrial Park, which is zoned for light industrial, was designated a Certified Site by the state of Iowa in 2015. PEDI used local, state and federal economic development programs to help make the spec building a reality, with construction on the 30,000-square-foot, $450,000 speculative building beginning in April 2018.
A summer 2019 ribbon cutting was attended by Iowa Lt. Governor Adam Gregg, Iowa Economic Development Authority Executive Director Debi Durham and other state dignitaries, community partners, developers and friends to celebrate the state’s only new-construction shell warehouse in a Certified Site industrial park.
T.C. & B. Corporate Wearables will join three other occupants, Percival Scientific, ITC Midwest and Hy-Line International, in the 151-acre Perry Industrial Park, which is a shovel-ready, gigabit-certified park with ample fiber optic broadband available.
An additional 11 acres are available for immediate development, and more than 100 adjoining acres are ready for future site expansion.
“Perry Economic Development Inc. is committed to supporting and facilitating sustainable growth and development in the city,” the PEDI statement said. “The organization will continue to recruit new businesses to the Industrial Park and to the Commercial Park located to the north. The successful completion of the spec building project along with the ability to offer incentive packages will be used to attract and promote investment and employment opportunities in Perry.”
For more information, call PEDI representative Terry Nielsen at 515-465-3521 or Perry City Administrator Sven Peterson at 515-465-2481.