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EDA staff updates board on site bids, $4 million award and enterprise zone approvals

Economic Development Authority of the City of Lynchburg · January 15, 2026

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Summary

Staff told the EDA that bids will be issued for Sites A and B, a performance agreement is delayed pending a revised site plan tied to a $4,000,000 award, and the state approved enterprise zone amendments for zones 2 and 46.

City staff presented multiple development updates to the Economic Development Authority on Jan. 15, including plans to bid Sites A and B, a funding award that requires revised site plans, and state approval of enterprise zone amendments.

Speaker 3 said a bid will be issued for Jeffress (Sites A and B) and that public works is set to manage the project. Staff also said the performance agreement is being held up by the need to revise site plans after the EDA was awarded $4,000,000 for the project; the original application reflected a smaller request and the larger award requires an updated plan and expedited pad-ready work.

Staff noted Abbey Creek has been turned over to public works and that public-works project management should streamline delivery. Speaker 3 also reported that enterprise zone amendments for 'zones 2 and 46' were approved by the state, which staff described as an important step for local development incentives.

Staff emphasized the need to prioritize the use of fill from 201 Jefferson Ridge Parkway and to coordinate engineering and public-works scheduling. No formal board action on these projects was taken at the meeting; these items were presented for information and committee follow-up.