HENRY COUNTY, VA – On Monday, Governor Glenn Youngkin announced that $90 million in development grants will be awarded to 21 localities across the Commonwealth.
This is part of the Virginia Business Ready Sites Program, which is administered by the Virginia Economic Development Partnership.
Henry County was awarded over $22 million to continue Commonwealth Crossing Business Centre developments.
“This grant is spectacular news for our community,” said Jim Adams, County Board of Supervisors Chairman. “We’ve had tremendous success attracting industries to Commonwealth Crossing Business Centre and the funds from this grant will help us build on that momentum.”
County Administrator Dale Wagoner said the funds will allow them to grade 93-acres on Lot #2, which will give them a 150-acre pad to market to industries.
“This pad will make Henry County very appealing to economic development prospects. It’ll be the only site in Virginia more than 100-acres with rail access and all utilities in place,” Wagoner added.
The program helps characterize and develop sites to enhance the Commonwealth’s infrastructure with more competitive project-ready sites, to attract new business and accelerate expansion in Virginia, according to officials.
The goal is to identify, assess, and improve the readiness of industrial sites with at least 100 contiguous, developable acres or 50 acres in the western part of the Commonwealth.
Award recipients include the following:
