Washington Street block being prepped for economic development

The old water salesman building on Washington and McNary streets was demolished on May 5. The Industrial Development Authority is working to develop the block where it and the Princeton Hosiery Mills once stood. A flood retention facility is queued for building priority, which will mitigate flood risk and attract investors. Amanda Davenport, of the Lake Barkley Partnership and IDA, noted assembly, plastics, automotive, food and petrochemical industries bode well for Princeton’s economic development. Demolition costs $16,500 — the city and IDA will split the bill.

Washington Street block being prepped for economic development