Mayor Ken Cockayne Tuesday announced the Mayor’s Economic Development Committee has approved the application of Barter, Inc. for an economic development grant of $64,250. Barter, Inc., more commonly known as Barter Business Unlimited located at 328 West St., is expanding its operation by buying and renovating 105 Laurel St., the longtime home of the Bristol Boys and Girls Club. BBU will relocate its company headquarters to the Laurel Street facility soon after the Bristol Boys and Girls Club moves to its new Bristol complex. “This is a great opportunity for the city to see a positive reuse of a downtown building,” Cockayne said in the news release. “For the first time in its 106-year history, this building will go onto our tax rolls. In addition to the new tax revenue, the city and its residents will realize the economic development benefits of a successful, homegrown business expanding and hiring new employees.” BBU plans to hire at least 13 new full-time employees as part of the expansion, said the news release from the mayor’s office. In addition, the company will convert a portion of the 25,000 square-foot building to office/ workspace where small businesses can receive business guidance from BBU staff […]
Mayor Ken Cockayne Tuesday announced the Mayor’s Economic Development Committee has approved the application of Barter, Inc. for an economic development grant of $64,250. Barter, Inc., more commonly known as Barter Business Unlimited located at 328 West St., is expanding its operation by buying and renovating 105 Laurel St., the longtime home of the Bristol Boys and Girls Club. BBU will relocate its company headquarters to the Laurel Street facility soon after the Bristol Boys and Girls Club moves to its new Bristol complex. “This is a great opportunity for the city to see a positive reuse of a downtown building,” Cockayne said in the news release. “For the first time in its 106-year history, this building will go onto our tax rolls. In addition to the new tax revenue, the city and its residents will realize the economic development benefits of a successful, homegrown business expanding and hiring new employees.” BBU plans to hire at least 13 new full-time employees as part of the expansion, said the news release from the mayor’s office. In addition, the company will convert a portion of the 25,000 square-foot building to office/ workspace where small businesses can receive business guidance from BBU staff […]