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Craven County approves $300,000 incentive for Project Emerald in industrial park
Summary
After a public hearing with a supportive resident, commissioners approved a five-year $300,000 infrastructure grant to a developer for Project Emerald, a proposed warehouse at 120 Corporate Lane expected by 2029.
The Craven County Board of Commissioners approved a grant agreement and accompanying resolution to support Project Emerald, a private development proposed for the Craven County Industrial Park. The economic development office presented the project; Jeff Wood said the developer expects an initial investment valued at about $2,000,000 and anticipates a warehouse at 120 Corporate Lane to be in service by Dec. 31, 2029, with future development valued at roughly $4…
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