Businesses urged to stay in mid-town by receiving incentives - KNOE 8 News; KNOE-TV; KNOE.com |

Businesses urged to stay in mid-town by receiving incentives

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MONROE, La. (KNOW 8 News)- Ryan Honda on Oliver Road and Hixson Ford on Louisville Avenue are staples in mid-town Monroe.

That's why the city is willing to do all it can to keep them here.

Mayor Jamie Mayo says he knew he needed to take action after hearing Ryan Honda might relocate across the Ouachita River in West Monroe.

The mayor and economic development director Dwight Vines say economic development money is keeping the dealers in place.

Dealers are saying nearby improvements make their current locations as attractive as a view of the interstate and the mall.

"That Tower-Armand connector really has been a really good development for us," Thad Ryan of Ryan Honda said.

Hixson Ford plans to build a brand new location on frontage road along Interstate 20. However, Hixson will stay on Louisville as well with plans to upgrade their BMW dealership.

"They will continue serving customers like they have been serving probably the outreach will be even greater. On the present location on Louisville they will invest an estimated $1.5 million dollars to provide a state of the art BMW center," Vines said.

Mayor Mayo says you can expect to see the wrecking ball continue swinging as the city makes a visible and financial commitment to the mid-town area.
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