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Economic Impact Report Illustrates Private Investment & Job Growth

By Uptown Marion | July 31, 2014 |

Uptown Marion, an Iowa Main Street District, is pleased to release the End of Fiscal Year 2014 Economic Impact Report.  The report highlights job growth and private investments made in Uptown Marion since joining the state Main Street network in 2013.

Net gain in business starts, relocations, expansions: 5
Net gain in new jobs: 30
Number of building rehabilitation projects: 16
Private dollars invested in rehabilitation: $3,325,350
Number of buildings sold: 6
Private dollars invested in property acquisition: $1,305,000
Total volunteer hours: 3,685

“We’re thrilled to see the success and momentum building within Uptown Marion in just one year,” says Nick Glew, Uptown Marion Program Director. “The growth in Uptown Marion is a direct result of building owners, business owners, and volunteers working together to grow the economy of our Main Street District.”

Planned improvements over next fiscal year include an additional three-million dollars of private investment as well as a façade improvement program valued at 1.2 million dollars.

The full economic impact report, including data from all Main Street Iowa communities can be found at www.uptownmarion.com/news.html.

About Uptown Marion
The mission of Uptown Marion is to drive continued revitalization, growth and preservation of the historic character of our district through appropriate design, promotion and economic strategies with a community focus.

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