Proven Regional Economic Development Strategies
To continually improve the community and the local economy, Republic is committed to strategic, sustainable, and managed growth. In accordance with carefully structured regional economic development strategies, the city has recently invested millions of dollars in sewer and water infrastructure to spur commercial growth.
Several miles of shovel-ready real estate available within Republic's state-designated Enhanced Enterprise Zone (EEZ) offer new and expanding businesses the opportunity to leverage important tax abatements and credits. Qualifying businesses are eligible to receive a 50% property tax abatement on real property for 10 years. Additional state tax credits are also available for businesses that create quality jobs in the EEZ.
With our current population of nearly 15,000 people projected to reach 26,000 within 10 years, Republic has earned a reputation among commercial & industrial site selection experts as one of the Midwest's most desirable locations.Read More