Community leaders are taking a bold step to help ensure the economic future of Holdrege and Phelps County.
Soon after the Fall harvest, a 134 acre corn field will be purchased for future development.
The land is located next to key transportation routes, utilities and rail access.
This purchase has been years in the making, but officials are excited to take the strategic risk for the future of Holdrege's economy.
"Without something to market we won't attract outside investment at all," said Phelps Co. Development Corporation Executive Director Monica Boyken. "So the goal is, the impetus, or the leveraging of assets we have here to attract new industry and to increase the population of a rural county which is typically losing population."
There are still many approval steps to go through, but officials plan to have the land purchased by the end of the year.