A growing Sheridan County community may soon have a new gem to show off and attract businesses.
The Ranchester Town Council gave the go ahead to apply for a $1 million grant from the Wyoming Business Council last week.
The grant money would cover nearly the entire cost of constructing a mercantile area, including a three business building, a farmer's market square, and a parking lot.
Town officials say the building would provide an economic boost that would go back into developing the community.
"This'll spur some development. This development will then pay itself back to the community and those funds will be available to improve infrastructure," said town engineer Chris Johnson.
A local economic development group has helped with the project's planning and the committee's chair says the building could bring in different types of businesses.
"Hopefully anything from retail to other private businesses, professional businesses; maybe a lawyer, doctor," said Ranchester Economic Development Steering Committee chairperson Samantha Nixon.
The business council should make its decision by January.
Johnson says if approved construction could wrap up before the of next year.