North Fork project awarded $3 million from Virginia Business Ready Sites program
Albemarle County is set to receive $3 million in funding for infrastructure to help a 31 and a half acre site at the North Forth Discovery Park become more attractive for a economic development prospect.
Louisa County will receive nearly $11.6 million for the Shannon Hill Regional Business Park.
The two awards are part of $90 million in grants announced yesterday from the Virginia Business Ready Sites Grant program.
“The leading priority of the Virginia Business Ready Sites Program is to increase our project-ready sites portfolio across the Commonwealth, and this unprecedented site development funding is an important step forward in strengthening Virginia’s infrastructure,” Youngkin is quoted in a press release. “Prepared sites drive economic growth, and we have to move faster to attract new businesses.”
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