Newark improvements expected to continue

January 24, 2018 by  

Steve Layman, a commercial developer in Newark, expects to see the improvements that have been taking place in the city to go on over the coming months, according to an article in the Newark Advocate.

Projects he expects to see beginning or continuing include developing a vacant block bordered by West Main, Market, South Fourth, and South Third streets; and a new tenant for the old Connell’s Furniture spot, located on North 21st Street.

It is also possible that Deo Drive property, once the site of a Kroger store, could also be developed during the upcoming year.

Layman said that development in Newark is slightly constrained because there is not a great deal of land or property available or suitable for such projects. However, he also noted that the cost of living is reasonable, there are many jobs, and the economy is strong, all of which make Newark a valuable market.

One high note came almost immediately, when the city announced the iconic Longaberger building, which is in the shape of the picnic baskets the company once made, had been bought and will be renovated into a multi-use project, though details have not yet been released. Cherry Valley Lodge was also purchased last year, and renovations are planned.

Improvements and projects like this interest many people, so city officials might consider working with a newsletter printing company to help issue periodic updates.