Forward Sheridan asked the Sheridan City Council to sponsor a grant to the Wyoming Business Council for a new facility to help start-up businesses. The proposed 9,000-square-foot building would house the Forward Sheridan offices, but the rest of the space could be used to provide a temporary location for new businesses. Developer Ron Patterson says he is willing to contribute to the project.
Forward Sheridan Board Chairman Dick Weber says the facility will give a break to start-up companies on their rent.
The City of Sheridan, as the sponsor of the grant application, would own the facility once it’s constructed. The value of donated land would count as the match required for the $1.5 million grant from the state.
The construction plans allow for a possible expansion up to an additional 3,600 square feet if necessary sometime in the future.
Patterson says he’s starting construction now, whether the grant is approved or not. The facility should be ready by the first of the year.