Spencer, IA (KICD) — The business community of Spencer showed up for a ceremonial ground-breaking on what’s being called the North Y Development project.

Spencer Municipal Utilities CEO Steve Pick is excited at the work that’s already been done.

Loren Reit chairs the city’s Long-Term Planning Committee and has been advocating for the project since being elected.

Past Iowa Lakes Development Corporation President Doug Benjamin thinks the new industrial and commercial development will be a boon to the entire region.

Mayor Steve Bomgaars calls the North Y project is the biggest opportunity to spur growth in Spencer in decades.