Henry County, Virginia is set to receive a significant investment that could potentially attract businesses and create jobs in the area. 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.
County leaders are excited about the economic development opportunities that this project will bring. Brandon Martin, the county’s public information officer, stated that economic development is a key focus for the board of supervisors and that this project is a significant step forward for the community. 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.
The project is expected to take a couple of years to complete, but there is potential to expedite the timeline if a company shows interest in the lot before then. This investment has the potential to have a positive impact on the local economy and create new opportunities for businesses in Henry County.