Helgerson Flats site almost ready for business
Wednesday, September 05, 2018
OTTUMWA — Even when spending millions of dollars building a new facility, industry investors worry about obstacles. That’s why economic development experts came up with a type of land deal that is meant to be practically risk free.
Ottumwa Area Economic Development has planned more than a year to have a “shovel ready” site waiting for the moment a manufacturer decides Iowa is the place for them. The Wapello County spot, "Helgerson Flats," is practically adjacent to the Ottumwa Industrial Park near the northernmost part of town.
Sharon Stroh, of the Ottumwa Area Economic Development Association, said those who came up with the program at the national level decided on what “site certified” meant after seeing most of the bad luck that can plague an under-construction project.