The Bloomfield Business Park just off the 401 will soon be getting some new tenants.
Approved by Chatham-Kent Council Monday night, two lots are being sold to a pair of companies.
ER Steel and Raco Assessment Management Corporation plan to create a joint venture on 5.5 acres of land at the Bloomfield Business Park property.
“They’re coming in and they’re going to be building some buildings and creating jobs, “Chatham-Kent Mayor Darrin Canniff said. “Between the two of them there’s going to be 90 full time jobs created.”
The plans include building a 60,000 square foot building with a total project cost of $8.4 million on one plot of land, while the second would include construction of another 60,000 square foot building with a total project cost of approximately $8.6 million.
Officials estimate 45 full-time jobs will be created and housed in each of the proposed developments.
The sale comes with a conditional agreement that if construction isn’t started within a year, the municipality can re-purchase the land at the original purchase price.