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EDA hears updates: 460 Commerce Center near completion; new park signage estimated at $124,000; May finances reported
Summary
Staff reported 460 Commerce Center is largely on track for a substantial completion around Aug. 1, Goldie Way extension paving is complete, and a signage program for the park is estimated at $124,000. The EDA also received the May financial report showing an ending cash balance of $3,295,863.63 (unaudited).
Staff gave a series of operational updates to the Isle of Wight County EDA.
Construction and site work: WM Gordon continues work at 460 Commerce Center (Phase 2) on utilities and interior/exterior finishes, with staff anticipating substantial completion by Aug. 1. Goldie Way extension (about 1,000 feet) is paved and a preliminary inspection was expected; Dominion Power work order submitted for 16 light poles to provide lighting along the roadway.
Signage proposal: staff…
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