Present
The City of Ogden and Boyer Co. entered an agreement early in the conversion process that forced any and all profit from the BDO to be diverted directly into investments in the facilities. This has been instrumental in the continuing expansion and development of the BDO. In October 2006, this agreement will expire, giving Ogden City and Boyer Co. even shares of future profits. In 2004, $7 million in revenue was seen, with an expected increase in 2005.
Several notable Federal facilities continue to operate in the BDO. The Internal Revenue Service (IRS) maintains a large facility on site as part of its local network of buildings in the Ogden area. The United States Army Reserve continues to operate in its facilities, and a Deployable Medical Systems (DEPMEDS) unit, responsible for the refurbishment and supply of medical units, operated until 2002, when it moved to Hill Air Force Base.
Commercial facilities on site include, among others, Lofthouse Foods, ICON Fitness, Kenco Logistic Services, and the Standard Examiner.
Two new buildings totaling 280,000 square feet (26,000 m2) and nearing completion have already been partially leased. New road and construction area for several industrial buildings along the park's western border, and a planned 500,000-square-foot (50,000 m2) cross-dock warehouse will be built on a plot near the center of the park.
Read more about this topic: Defense Depot Ogden
Famous quotes containing the word present:
“However fiercely opposed one may be to the present order, an old respect for the idea of order itself often prevents people from distinguishing between order and those who stand for order, and leads them in practise to respect individuals under the pretext of respecting order itself.”
—Antonin Artaud (1896–1948)
“We do not rest satisfied with the present.... So imprudent we are that we wander in the times which are not ours and do not think of the only one which belongs to us; and so idle are we that we dream of those times which are no more and thoughtlessly overlook that which alone exists. For the present is generally painful to us.”
—Blaise Pascal (1623–1662)
“For though absent in body, I am present in spirit...”
—Bible: New Testament, 1 Corinthians 5:3.