City working on its lots south of Fox Lane
A space for four new establishments is well underway in Newcastle just south of Boomerang Diner on Main Street.
Mayor Karl Nail said the developer is ready to place utilities and do a final grade on the area. The City is hopeful for retail establishments which can provide for area residents and generate sales tax revenue. Nail said he knows there has been a lot of interest in the area, but the City is just waiting to see dirt moving on what will eventually go there.
Multiple calls to the developer seeking additional information have gone unreturned.
Mayor Nail said the final plat was approved for the City’s land south of Fox Lane on Main Street. He said the City has sent information to the Oklahoma Department of Environmental Quality seeking permits.
The City will soon be placing utilities access for the land including water, sewer and road.
Nail said the City has also had interest from businesses wanting to locate there, and he believes the City will recoup its investment on this area pretty quickly through the sales taxes generated.