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Local EDA reports acquisition of 280 acres for industrial development; road and infrastructure work next step
Summary
The Boyle County economic development authority reported closing on 79 acres (former Norfolk Southern tract) and 201 acres (Redding tract), putting 280 acres in inventory and outlining next steps for road infrastructure and marketing.
Terry Crowley, chair of the Boyle County Economic Development Authority (EDA), told the fiscal court the EDA has closed on two strategic property acquisitions and now holds roughly 280 acres intended for industrial marketing.
Crowley said the EDA closed on a 79-acre tract acquired with support from a KPDI (Kentucky Product Development Initiative) grant worth $744,078 that required a 50/50 match from city and county…
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