Updated: January 23, 2020 05:37 PM
Created: January 23, 2020 04:13 PM
(ABC 6 News) - To say north Iowa is currently undergoing a change may be a bit of an understatement.
“We’ve got a lot of great things happening in Mason City and Clear Lake right now and across the county. We’re seeing growth, we’re seeing investment,” said President and CEO of the North Iowa Corridor Economic Development Chad Schreck.
At The State of North Iowa address on Thursday, the Mason City Chamber of Commerce updated chamber business members on the direction the area is heading in by highlighting several important statics. Among them, a 1.3% increase in the employment rate over the year and a 2.6% decrease in unemployment.
A 2.2% increase in job growth also shows that the River City is on the rise.
“We’ve had well over 320 million dollars in private investment in the county this past year in projects that have completed, been announced, or in progress or are getting ready to go this spring. Just an incredible amount on the business side, on the housing side, even on the public side with things like the arena,” Schreck said.
It was only fitting that the event was held in the new Mason City Arena.
“When I walked in the door I said, ‘Wow,’ the very first words out of my mouth. When you see how the community came together and all the elements of this reinvestment district, when you finally start seeing things come together, this is actually transformational. It was very exciting and I assume that the citizens are equally as excited as the state is about this,’ said Debi Durham, Director of the Iowa Economic and Development Authority and the Iowa Finance Authority.
Durham spoke at the event and suggested that North Iowa could continue their growth by playing off their water and using Clear Lake and all things River City to gain more attraction.
“We’re excited, we really have a lot of positive things happening,” Schreck said.
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