Road will assist development
Extending a road could have huge implications for the future of business development in Weirton.
During its meeting Monday, Weirton Council agreed to fund an engineering study and planning for a proposed extension of Park Drive, located in the Three Springs Business Park. If it moves forward, the road would assist with the construction of a $9 million manufacturing facility for Pietro Fiorentini, as well as assisting with existing and future businesses.
Funds for the study are set to come from Weirton’s Tax Increment Financing Fund, and the city plans to apply for an infrastructure grant to assist with construction costs.
Brooke County commissioners, on Friday, heard of additional funding for the project, with the Business Development Corp. of the Northern Panhandle discussing plans to apply for a grant through the state. The Three Springs Business Park is located in Brooke County.
Part of government’s duties when it comes to economic development is to provide a solid infrastructure. By improving existing roadways and introducing new utilities, it can encourage businesses to locate in a community.
Weirton’s TIF district, created around the business park more than a decade ago, was established as a way to provide funding for such improvements, and we are glad to have some visible benefits as a result. We are sure we will see many more projects in the area in the years ahead, and that means more development and more jobs.
We encourage our local officials to continue their work toward helping the region grow.