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EDA approves $500,000 to help fund Boulders Road extension tied to AstraZeneca campus
Summary
The Economic Development Authority approved a $500,000 contribution to Albemarle County to support a local $10 million commitment for a Boulders Road extension that will serve AstraZeneca’s planned 82‑acre campus; the Commonwealth Transportation Board has allocated $20 million and AstraZeneca will provide $12 million.
The Economic Development Authority of Albemarle County on Jan. 20 approved a $500,000 contribution from EDA funds to help meet the county’s local funding commitment for an extension of Boulders Road needed to serve AstraZeneca’s incoming campus.
County staff said the Commonwealth Transportation Board on Jan. 6 allocated $20,000,000 toward construction and that AstraZeneca would provide $12,000,000 toward the project, leaving a local commitment of about $10,000,000. "The Commonwealth Transportation Board... allocate,…
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