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CEDC Expected to Receive Updated Development Strategic Plan by Year’s End

July 19th, 2021 by WCBC Radio

The Cumberland Economic Development Corporation is prepared to sign a contract with a Virginia based firm to conduct an updated economic development strategic plan. RKG Associates is the same firm that performed the original comprehensive plan back in 2014. That plan provided a roadmap for creating the nonprofit CEDC. It also identified opportunity zones in the city including Maryland Avenue and the Rolling Mill area, the Willowbrook Road corridor, the site of the former Memorial Hospital, the Canal Place property, and the Cumberland Shopping Plaza along Queen City Drive extending south toward Industrial Boulevard. CEDC Executive Director Matt Miller said that an ARC grant for $10,000 will go toward the cost with the CEDC providing $18,500 for the plan which is estimated to take four months to complete…