A $24 million investment has been announced in Henry County, Virginia, in an effort to attract businesses and create jobs. The Commonwealth Crossing Business Centre will be the site of the project, which is funded by a $22 million state grant and a matching $6 million grant from the Harvest Foundation.
County leaders view this project as a significant step forward in economic development. Brandon Martin, the county’s public information officer, emphasized the importance of this investment in helping the community thrive. The 150-acre lot at the Commonwealth Crossing Business Centre is unique in Virginia due to its access to rail and full utilities.
The project is expected to take a couple of years to complete, but there is potential for expediting the timeline if a company expresses interest in the lot. This development is part of the county’s efforts to prioritize economic growth and attract investment to the region. The impact of this project could be substantial in terms of job creation and business opportunities in Henry County.