A major investment is set to bring economic opportunities and new jobs to Henry County, Virginia. The county recently announced a $24 million project to grade a 150-acre lot at the Commonwealth Crossing Business Centre. This project was made possible by a $22 million state grant and a matching $6 million grant from the Harvest Foundation.
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 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 around two years to complete, but there is potential to expedite the timeline if a company expresses 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. County leaders are excited about this development and are looking forward to seeing how it will benefit their community in the future.