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Western Sarnia-Lambton Research Park seeks additional $900,000 funding due to pandemic occupancy drops.
The Western Sarnia-Lambton Research Park, owned by Lambton County, is requesting an additional $900,000 for the second year in a row due to financial strain from the pandemic.
Occupancy dropped from 95% in 2019 to 57%, but has since risen to 72%.
The park received $1.3 million in 2021 and currently gets a $661,000 annual grant.
To manage costs, the park has cut expenses and delayed capital projects.
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Western Sarnia-Lambton Research Park busca financiamiento adicional de $900.000 debido a la disminución de la ocupación pandémica.