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Camden Crossing PDF Print E-mail

37.4 Acres (1,629,144 SF) zoned Commercial-4. Located on the Northwest corner of U.S Highways 79N and 278W (the Camden ByPass) - Across the Highway from Wal-Mart Supercenter and adjacent to the Comfort Inn in Camden, Arkansas - Ouachita County in South Arkansas. Utilities available at the site. Contact Owner James Lee Silliman @ 870-818-3778.

Click here to see Concept Site Plan showing a potential for 344,748 SF retail & 19,550 SF office.

Click here for information about Camden's Retail Development Incentives Fund to assist with necessary infrastructure development.

 

 

 
Doing Business Locally Industry and Service Sector Incentive Awards PDF Print E-mail

The Ouachita Partnership for Economic Development offers two different Doing Business Locally Industry Incentives. The first is an Industry Incentive offered to both existing and relocating manufacturers who increase employment in Ouachita or Calhoun Counties, Arkansas. The second is a Service Sector Incentive offered to businesses making investments in the Camden-area economy.

The Partnership’s Incentive Program has the following provisions:

  • Industry Incentives may be awarded only upon approval of the Board of Directors after determination by the Board of Directors that it will benefit the citizens of Ouachita County, Arkansas.  It is understood that employment by industry situated in the westerly part of Calhoun County will benefit the citizens of Ouachita County.
  • No Industry Incentive shall be effective and no payment made thereunder until a written contract has been executed by the Ouachita Partnership for Economic Development and the employer.
  • Industry Incentives may be awarded to new industries and to existing industries based on increased employment.
  • Industry Incentives shall be awarded based on the increased employment under the following scale.
  • Up to $8.99 per hour

    $200.00 per employee

    $9.00 to $11.99 per hour

    $300.00 per employee

    $12.00 to $19.99 per hour

    $600.00 per employee

    $20.00 and over per hour

    $900.00 per employee

  • The time frame for crediting an increase in the number of jobs shall generally be a two year period, but shall be confirmed by the Board and set forth in the written contract.
  • The maximum Industry Incentive shall be $100,000.00 per company per contract unless an exception is made by the Ouachita Partnership for Economic Development Board.
  • The schedule for Industry Incentives shall apply regardless of the amount of capital investment in the company; however, the Board may take into consideration the amount of capital investment and approve a different Industry Incentive based thereon.
  • With some exceptions granted by the Board, all Ouachita Partnership for Economic Development Industry Incentives shall be issued in the form of ‘Doing Business Locally Drawdown Accounts’ awarded to the recipient, requiring a purchase order signed by the Ouachita Partnership for Economic Development, and providing for payments to be made directly by the Ouachita Partnership for Economic Development to Ouachita County businesses for services or goods provided to the recipient up to the Industry Incentive amount awarded.
  • “Claw back” provisions shall be included in the contract providing for reimbursement of a prorated amount of the Industry Incentive for net jobs that are not maintained for 24 months after payment.
  • Availability of funds for this purpose will be considered before an Industry Incentive is awarded.

 The Partnership's Service Sector Incentive Program has the following provisions:

The Ouachita Partnership for Economic Development (OPED) invites service sector businesses to make investments in the local economy. To encourage such investments, the OPED Board will consider applications for service sector incentive awards on a case by case basis. In its review, the OPED Board will look for evidence that the total public dollars invested in the award of an incentive would have a high probability of being exceeded, over at least a five-year period, by the business’s cumulative impact on the local economy, considering such things as capital investment, the renovation of blighted and vacant properties, payroll, higher than average wages, employee spending, the purchase of goods and services, the attraction of other supply chain or customer businesses, and the deposit of dollars in local institutions. In any case, Service Sector Incentive Awards will be targeted to businesses which pledge the creation of a minimum of 25 jobs within a five-year period. The OPED Board will consider awarding up to $100,000 total within the service sector incentive program.

Businesses in the services sector primarily produce business services rather than goods. Business services are activities where people provide knowledge, information, technical assistance, administrative transactions, customer support, or servicing for maintenance, repair or upgrades. Where there is a question of whether a business qualifies as a service sector business, the Ouachita Partnership for Economic Development Board of Directors may review and approve its inclusion.

The Board’s decision on whether to award such an incentive is completely discretionary. The dollar value of a Service Sector Incentive Award is not fixed by any formula; it will be determined by the Board on a case by case basis with reference to the business’s projected five-year cumulative impact on the local economy. No Service Sector Incentive Award shall be effective and no payment made thereunder until a written contract has been negotiated and executed by the Ouachita Partnership for Economic Development and the business owners. “Claw back” provisions shall be included in the contract providing for reimbursement of a prorated amount of a Service Sector Incentive Award for failure to meet negotiated performance goals. With some exceptions granted by the Board, all Ouachita Partnership for Economic Development Service Sector Incentive Awards shall be issued in the form of ‘Doing Business Locally Drawdown Accounts’ requiring either invoices and payment receipts or a purchase order signed by the Ouachita Partnership for Economic Development, in both cases providing for reimbursements or payments to be made for services or goods provided by Ouachita County businesses up to the Service Sector Incentive Award amount.

 

 
Sullivent Parcels PDF Print E-mail

Three cleared commercial parcels totaling approximately 20 acres. Owner will sell or build to suit. These parcels are proximate to a busy Holiday Inn Express and a Brookshire’s supermarket. Also in the immediate vicinity are a Kentucky Fried Chicken, McDonalds, Taco Bell, Popeye’s Chicken, Arbys, Sonic Drive-in, local buffet food restaurant, pharmacy, Krogers, Cato Plus & Cato Fashions, Payless Shoes, Rentway, three service stations, two car washes, liquor store, two convenience stores, and hardware store. Call Owner Ray Sullivent at 870-833-1240.

 


 

 
Camden Retail Spending PDF Print E-mail
 
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