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PEDA unanimously approved its third-quarter 2025 financial report and received an update on a $500,000 site-readiness study for Sites 7 and 8. The study is expected to begin in mid-March or April, while the East Street construction project is anticipated to run from approximately March or April through August 2028.
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PEDA is preparing former industrial sites for possible future development by testing existing foundations and determining how much infrastructure can be reused. The East Street project will replace drainage, widen the road, and add a raised grass median. PEDA is also pursuing changes to its water-discharge permit, citing declining PCB detections and the cost of continued monitoring.
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