Lee stated the first signing is between Chonbuk National University Hospital Clinical Trial Center for Functional Foods, Summit Health, and JGBLI. This agreement is to develop obesity treatment services at the Cascade Town Centre. The second is a $32.5 Million smart farm development between Korea Special Agronomics Corporation and JGBLI. This agreement will build a new smart farm facility at the Cascade Town Centre for accelerated agricultural products.
County Administrator Rob Slocum offered his insight on the recent advancements, “Washington County today is closer than any time in the recent past of success at Cascade. The EDC and staff are fully involved and engaged. The recent visits overseas by our local development professionals is significant evidence of the promise at Cascade. Local involvement and investment is critical in any good development.”
The Cascade Town Centre has gained increased interest for hotel and resort development, an academic center for university development, and residential development.
Commissioner Vice President Cline also offered his thoughts on the overall development, “Cascade Town Centre is a long term vision for economic development. Growing our economy and increasing our tax base will relieve the taxpayers from the rising cost of services into the future. And from all reports, the Cascade Town Centre project is moving forward in the right direction.”
For additional information contact Public Relations and Marketing Director Danielle Crabb