Plymouth and Marshall County Dive into Projects

 
Seventeen entities and organizations came together to develop a creative and unique financing plan for two projects. These efforts reflect a bold statement of investing in the City of Plymouth and Marshall County’s future. The projects, the Aquatic Center and Early Childhood Learning Center, broke ground on July 18th with over one hundred of interested citizens in attendance, representing county-wide support. The partnership developed these projects as a solution to community needs, and it will dramatically advance quality of life in the area. MCEDC leadership views the projects as an integral factor to incite families to come live in the community, attract other investment, and continue to improve the local economy by demonstrating that the community has a vision for growth and willing to invest in that vision.
 
The developments have been highly anticipated by the community, especially the pool which is over seven years in the making. The Aquatic Center will provide a unique athletic space unlike anything else in the county. It is also expected to leverage additional destination project investment in the area. The Early Childhood Learning Center will provide affordable, high quality pre-K education and childcare to encourage more parents to enter the job market. These will be the first projects in Marshall County funded by New Market Tax Credits. The unique financing structure also includes Regional Cities Initiative funding (Aquatic Center), TIF funds, and private loans.