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:
“The line it is drawn
The curse it is cast
The slow one now
Will later be fast
As the present now
Will later be past
The order is
Rapidly fadin’.
And the first one now
Will later be last
For the times they are a-changin’.”
—Bob Dylan [Robert Allen Zimmerman] (b. 1941)
“Uncomprehending when they have heard, they are like the deaf. The saying describes them: though present they are absent.”
—Heraclitus (c. 535–475 B.C.)
“Nobody can misunderstand a boy like his own mother.... Mothers at present can bring children into the world, but this performance is apt to mark the end of their capacities. They can’t even attend to the elementary animal requirements of their offspring. It is quite surprising how many children survive in spite of their mothers.”
—Norman Douglas (1868–1952)