PEDC’s Alliance for Balanced Growth Delves Into Issues Impacting Economic Development

Real Estate In-Depth | October 2017

Michael B. Carr, senior geologist and compliance and environmental regional manager for American Petroleum Equipment & Construction Co., discussed environmental regulations in the tri-state region and the potential high cost of the cleanup of leaking underground storage tanks to business at a recent meeting of the Alliance for Balanced Growth.

CARMEL—The Alliance for Balanced Growth, a standing committee of the Putnam County Economic Development Corp., has been engaged in tackling key issues affecting economic development in Putnam County.

The ABG celebrated its one-year anniversary on May 12th. Since its inception it has been holding regularly scheduled informative sessions on key business trends and topics that can either foster or impede growth in Putnam County.

The mission of the Alliance for Balance Growth is to “create a unified voice for responsible development and quality construction. Our market is industrial/commercial development and office facilities. We rely on Putnam County’s quality of life assets to attract companies to expand and locate here. We work with local, county, and state governments as well as our business community to advance our message and goals.”

Launched by PCEDC President Jill Varricchio, the ABG has held highly informative presentations on topics such as: business incubators, national franchising trends, environmental engineering, form-based zoning, the impact of broadband, presentations on a sustainable wastewater and storm water treatment solution called Renewage and Advanced Resilent Technology that creates a stream of revenue from thermo conversion of energy to name just a few.

Recently, Michael B. Carr, senior geologist and compliance and environmental regional manager for American Petroleum Equipment & Construction Co., discussed environmental regulations in the tri-state region and the potential high cost of the cleanup of leaking underground storage tanks to business.

Committee Chairman Jim Bates of Ecological Analysis said, “Putnam’s ABG committee has been bridging gaps in understanding of issues concerning the land use and business community to help bring new, and help current, businesses in Putnam County.”

Varricchio also noted the PCEDC’s 2017 on-going pro-active plan called “Ready2Go” the formation of a task force to identify suitable privately held, vacant parcels in Putnam County zoned “Commercial/Industrial” with a potential for project development.

For anyone interested in attending ABG sessions, please call the Putnam Economic Development Corp. at (845) 808-1021.