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:
“We are made happy when reason can discover no occasion for it. The memory of some past moments is more persuasive than the experience of present ones. There have been visions of such breadth and brightness that these motes were invisible in their light.”
—Henry David Thoreau (1817–1862)
“The primary function of myth is to validate an existing social order. Myth enshrines conservative social values, raising tradition on a pedestal. It expresses and confirms, rather than explains or questions, the sources of cultural attitudes and values.... Because myth anchors the present in the past it is a sociological charter for a future society which is an exact replica of the present one.”
—Ann Oakley (b. 1944)
“It must be confessed that horses at present work too exclusively for men, rarely men for horses; and the brute degenerates in man’s society.”
—Henry David Thoreau (1817–1862)