Location, location, location – the phrase is paramount in real estate AND in economic development.
The state of Missouri is in a great geographic position with its location in the center of the United States. This should be a huge advantage in economic development. We are rich in many transportation resources including rivers, rail, highways, airports, and river ports. However, our transportation infrastructure is struggling.
Over the past 18 months, there have been several notable expansions from our existing businesses. These include an almost completed 60,000 square foot manufacturing facility in the Greater Cape Girardeau Business Park by Idyllic Enterprises and SI03, 30 – 35 new jobs at Schafer’s Electrical Enclosures, 150 new jobs from AT&T, and numerous hospitality and restaurant projects. Even several of our new businesses are results of working with existing developers.
For almost two decades we have enjoyed a successful partnership resulting in very tangible results.
Old Town Cape was established in 1999 and the Cape Chamber was at the table helping to get things organized. OTC is an accredited Main Street Program for downtown revitalization based on the four point approach of promotion, design, economic vitality, and organization. Certainly Old Town Cape has thrived in the last several years under the leadership of Director Marla Mills.