The city of Rochester hosted a groundbreaking ceremony Tuesday to launch the Industrial Park & Infrastructure Upgrades Project — a more than $20 million investment in water, wastewater and infrastructure improvements.
The event was held at 542 S. CR 50E, Rochester, just south of Paradise Auto & Truck Plaza.
Rochester Mayor Trent Odell spoke with GIANT fm News and the Fulton County Post following the ceremony.
The project includes:
— A $16 million Indiana Finance Authority investment for water main upgrades, a 750,000-gallon storage tank, 39 hydrants and removal of lead service lines.
— A $5 million Regional Economic Acceleration and Development Initiative 2.0 and city investment to extend water and wastewater service to a new industrial park along U.S. 31.
— An expected $26 million in total investment for the region, complementing Indiana’s $300 million U.S. 31 project.
Officials believe the project marks a historic step toward expanding commercial and residential development in north-central Indiana and laying the foundation for long-term economic growth.
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