Fairmont issued 35 commercial permits in 2017, closely following suit of the 41 issued the year prior. The total value of commercial building permits in 2016 was $6,000,000 and $5,200,000 in 2017, indicating continued growth. The current trend is signaling 2018 as another strong year of commercial development.
New Industrial Park Development
FEDA obtained a real estate purchase option for a 38‐acre parcel of bare developable land at the intersection of Bixby Road and I‐90. This site provides maximum accessibility and visibility to Interstate 90. Currently, FEDA is negotiating easements and completing the preliminary infrastructure engineering. Once finalized, the risk of project complications for potential users will be minimal to none.