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Board approves incentive package to pursue proposed Falls Lake industrial park by Trinity Capital
Summary
The Granville County Board of Commissioners authorized staff to finalize a 65% tax‑value incentive over five years per phase for a proposed Trinity Capital industrial park in Butner, a project that would add five speculative buildings totaling about 1.1 million square feet and carry an estimated $5.9 million of off‑site infrastructure paid by the developer.
The Granville County Board of Commissioners moved to authorize the county manager and county attorney to finalize an economic‑development incentive package for Trinity Capital’s proposed Falls Lake Industrial Park, following a public hearing and a presentation from county economic staff and Trinity representatives.
Economic Development Director Charlotte Duncan said the project under consideration is roughly 157 acres at 1613 I‑85 Service Road in Butner, annexed and rezoned by the town on July 2, 2025. Trinity Capital is proposing five buildings totaling approximately 1,097,180 square feet with an estimated $53.6 million in building hard…
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