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Pratt is a regional trade center for a 50-mile radius with a trade pull factor of 1.3. |
Pratt is strategically located in south central Kansas on highways 54, 281 and K-61. The location offers many advantages - small town charm, yet the close proximity to the cities when needed.
Pratt is approximately one hour from a major airport (Wichita) and interstate highway (I-35).
Agriculture and the railroad have helped form the community into the regional trade center it is today.
A regional medical center, community college, outstanding educational system, a resurgence in the oil and gas industry, a manufacturing base, diverse shopping, and expanding technology infrastructure provide opportunities and strength to our community.
New housing, as well as finer, older homes, are available in Pratt. We have seven real estate companies to work with. A professional moving company is located in Pratt to help with relocation needs. Neighborhood revitalization is in place, offering tax rebate incentives on both residential and commercial construction.
The Pratt Are Economic Development Corporation is an aggressive organization that works in conjunction with the city, county and the Pratt Area Chamber to enhance the business climate for existing and start-up businesses.
PAEDC Board Members:
Steve Maechtlen, Chairman
Kelly Mason
Garry Skaggs
Dr. Jim VanBlaricum
Paul Olson
Jeanette Siemens, Exec. Dir.
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PAEDC is located in the Pratt Area Chamber of Commerce office at
114 North Main, Pratt, KS 67124
For more information, contact
- (620) 672_5501,
- toll-free (888) 886_1161,
- fax (620) 672_5502,
- email [email protected]
Neighborhood Revitalization which allows for a rebate on increased property taxes for new construction, both residential and commercial.
The Micro Loan Program is a low-interest loan program for businesses with five and fewer employees. Rate of interest is 2 points above prime at the time of the loan. There are some low-to-moderate income guidelines.
Other business assistance is available upon request, accompanied by a full business plan and statement of needs. The requests are reviewed by the board with consideration given to the number of jobs created, the return to the community in the way of property tax and/or sales tax, and capital investment. The Economic Development corporation can help with state assistance programs as well. Pratt Area Economic Development Corporation is part of an Enterprise Facilitation Grant in four counties to enhance entrepreneurial possibilities.
PIER is a program designed to reward anyone who has a potential prospect in mind that may be interested in locating in Pratt County. To qualify for the reward one needs to give whatever information is available to the Economic Development board. The business must locate in Pratt County within six months after contact, and employ five people within the year following location. Final decisions remain with the Board of Directors.
Civilian labor force ............... | 4,460 |
Employed .............................. | 4,369 |
Unemployment ...................... | 91 |
Unemployment rate .............. | 2.4% |
Even though the unemployment rate is low, labor surveys show that Pratt draws a workforce from a 30- to 50-mile radius if the salary is appropriate.
Pratt Airport Industrial Park is a full-service, 200-acre platted park with buildings and sites available in an enterprise zone. The park is managed by the Pratt Airport Authority.
Prairie Parkway Business Park is adjacent to the Pratt Community College on Highway 61. Its sites are ideal for light manufacturing, service businesses, or corporate offices. The park includes enhanced technology infrastructure.
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