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:
“A two-week-old infant cries an average of one and a half hours every day. This increases to approximately three hours per day when the child is about six weeks old. By the time children are twelve weeks old, their daily crying has decreased dramatically and averages less than one hour. This same basic pattern of crying is present among children from a wide range of cultures throughout the world. It appears to be wired into the nervous system of our species.”
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“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.”
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