(Spirit Lake)– Spencer’s newest speculative building is open and ready for business.
Nearly a hundred people gathered Tuesday in Spencer’s Tech Park for a ribbon cutting ceremony for the newly completed building. The project is a partnership between the city, Spencer Industries foundation, Iowa Lakes Electric Cooperative and Cornbelt Power.
Steve Grell, President of the Spencer Industries Foundation, says the 20-thousand sqare foot building is aimed at housing a wide array of businesses.
Grell says several similar spec buildings have been built in Spencer and so far it’s been a successful venture.
The new building is on nearly three acres of land in the new Spencer Technical Park on West Fourth Street in Spencer.
(Story from Danielle Hitchings of sister station KDWD Hot 100 in Spencer.).
