Plans for a new industrial park were announced Wednesday, and it could bring up to 1,000 new jobs to Cass County.

Midwest Energy and Communications plans to turn their remaining 400 acres of land into commercial property in hopes it will attract businesses, further investments and create jobs.

ABC 57 News reports the industrial park would come with an $18-million price tag, and would be named the Southwest Michigan Advanced Research and Technology park.

According to Midwest Energy CEO Robert Hance, companies are already reaching out about the property, despite the project being in its first stages.

The company’s Board of Directors are waiting to advance the project in hopes they receive grants or government funding. Midwest Energy has also reached out to Congressman Fred Upton for help with funds from the U.S. Economic Development Administration.