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Commission approves project management agreement to use state grant money for Burke Business Park shell building plan, 4–1
Summary
The board voted 4–1 to approve a project management agreement with Burke Development, Inc. to allow use of a portion of a 2023 General Assembly grant to build speculative industrial shell space at Burke Business Park; commissioners debated term, ownership and leasing options.
County management presented a project management agreement on Feb. 17 to allow use of a portion of a 2023 General Assembly grant to develop speculative industrial shell buildings at Burke Business Park. The board approved the agreement 4–1.
County staff said Burke Development received a $35,800,000 grant in 2023 intended for economic development at the Great Meadows industrial site; the grant was originally broken into roughly $22,000,000 for property acquisition and $13,800,000 for water/wastewater infrastructure. Recent legislation allowed flexibility for $20,000,000 of the…
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