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Going for the green:
SoVaNow.com / January 13, 2014Halifax County has been awarded a $1,140,535 grant to finish the rehabilitation of the Green View Advanced Manufacturing Center, located in the Sinai community at the former Daystrom Furniture site.
The money, approved last week by the Virginia Tobacco Commission, will be used to carry out Phase III to prepare the site for new industries. The Green View project is being marketed by the Halifax County Industrial Development Authority (IDA).
The latest grant award brings the Tobacco Commission’s investment in Green View to more than $5 million.
The IDA earlier completed Phase I and is currently working to complete Phase II of the Green View project. Following the completion of Phase III, the facility will have a new roof over the entire 360,000 square foot layout.
Also, portions of the building will be cleaned and painted on the interior. The Green View Advanced Manufacturing Center also will receive a new façade and parking lot improvements.
The building is being marketed as a shell building for advanced manufacturing and workforce training, as well as space to commercialize start-up industries and product research and development.
According to the grant application submitted to the Southside Economic Development Committee, Green View is envisioned as a multi-tenant center for up to eight tenants, or the future home of one major manufacturer that would occupy the entire space.
In the application, the IDA indicated it is currently working to attract two possible tenants to Green View. One has expressed an interest in taking a 95,000 square foot space and bringing 70 jobs to the community paying average annual wages of $35,000. The second prospect has discussed leasing the entire 332,000 square feet for manufacturing. Using an estimate of one job per 800 square feet of manufacturing, “the economic development potential for the Center is estimated at 300-500 jobs created at $28,000 average annual wages and $50 million private capital investment,” according to the IDA application.
The Southside Economic Development Committee, which recommended the grant award in December for approval by the full commission last week, is headed by South Boston Mayor Ed Owens.
In addition to the money for Green View, the Tobacco Commission last week also approved $435,000 to assist the expansion of The Woodview nursing home. The facility, owned by Halifax Regional Health System, will grow from 180 to 216 beds, with a projected increase of 20 new jobs.
CommentsBoy I am so excited, I cant wait until the .................industry arrives and hires..........people. God knows this money could have been better spent!!!!!
- By Boon Town on 01 / 13 / 14
News & Record