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Economic plan progressing in Orange

From Staff Reports

Published: Tue, Aug. 29, 2006 12:00AM

Modified Tue, Aug. 29, 2006 02:51AM

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HILLSBOROUGH -- One year into a five-year plan to add jobs and commercial property, Orange County is making progress, Dianne Reid, the county's economic development director, told the county commissioners Monday.

The county -- along with Carrboro, Chapel Hill, Hillsborough and both of the county's chambers of commerce -- adopted a plan last year to add 5,000 new private sector jobs and $125 million in new commercial property by June 2010.

Reid reported that two approved hotels and other projects in Chapel Hill already have secured $45,000 in new commercial property.

The jobs are expected to come closer to the end of the five-year period, Reid said.

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