Humbert said an offer has been accepted on the lot located at 3 Main St. in downtown Cadiz, although that is contingent on grant approval and financing. The plan involves construction of a new two-story building that will house up to 20 small businesses.
The site was chosen from five alternatives and stretches from Main Street to Jefferson Street along Ky. 139 and faces West Cadiz Park. Humbert said it will provide an attractive western entrance to the downtown area.
“The entire board is excited about this location facing the West Cadiz Park,” Humbert said. “We feel it will be ideal for the project, will provide a beautiful western entrance to the entire downtown area, add diversity to the community and will encourage even more tourists to visit this area.”
The first meeting of the Business Incubation Projects of Western Kentucky’s board of directors was held last Monday. The non-profit organization was formed to seek and use grant funding to provide low-cost commercial space to small businesses.
Humbert is also president of Ramblin’ Rose Ranch. Other members include Cadiz-Trigg County Economic Development Commission Executive Director Sharon Butts, Land Between the Lakes Communications Services Manager Kathryn Harper, Janice Mason Art Museum Director Paula Lisowsky, Cadiz-Trigg County Tourism Commission Executive Director Bill Stevens, Kathleen Tessier, co-owner of Independent Builders, and Tammy Warner, realtor with Lakeland Realty Group.
The board also agreed to look at a second project involving the “green” industry. Humbert said the plan involves finding a site in Trigg County and applying for a grant to provide office, exhibit and manufacturing space for small companies, and added that the project will be directed toward alternative energy, recycled products, organic products and other such businesses.
Applications are being accepted for Destination Cadiz, and Humbert said suggested businesses include restaurants, galleries, retail shops and sales offices for adventure tourism companies.
Those who are interested in participating in the Destination Cadiz project are asked to contact Business Incubation Projects of Western Kentucky at 924-3634.