The Danville Office of Economic Development is requesting the support of City Council for a potential grant through the Virginia Tobacco Region Revitalization Commission's Southside Economic Development program to prepare a 50-acre, shovel-ready pad on Lot 2, and install infrastructure that will meet the needs of modern day manufacturing clients. Site improvements included within the scope of this request include the demolition of an existing slab, clearing of debris, grading, erosion control, the installation of a storm drainage system, and other improvements. SR RIFA is already in advanced stages of discussions with several prospects interested in the potential future site.
The City of Danville is requesting $742,875 from its Allocation for this project with a 1:1 required match of $742,875. This will be a joint project between Pittsylvania County and the Town of Hurt. Pittsylvania County is also requesting funding through its Southside Allocation to go towards this $3.24 million project.