In an effort to spur economic growth and create new job opportunities, Henry County, Virginia is set to receive a multi-million dollar investment. The county recently announced a $24 million project to start grading a lot at the Commonwealth Crossing Business Centre. This project is made possible by a $22 million state grant and a matching $6 million grant from the Harvest Foundation.
Economic development is a key focus for the board of supervisors in Henry County, and this project is seen as a significant step forward for the community. Brandon Martin, the county’s public information officer, stated that they are excited about the potential this investment brings. The 150-acre lot at the Commonwealth Crossing Business Centre is unique in Virginia as it is the only one of its size with access to rail and full utilities.
This project is expected to take several years to complete, but there may be potential to expedite the timeline if a company shows interest in the lot before then. The investment has the potential to have a positive impact on the local economy and create new opportunities for businesses in Henry County.
County leaders are optimistic about what this project could mean for their community. They believe that it will bring economic development opportunities and attract new businesses to the area. This investment will also help create jobs for local residents and contribute to overall economic growth in Henry County.