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Goochland EDA highlights 2024 wins as major industrial and retail projects advance
Summary
The Goochland County Economic Development Authority reviewed 2024 accomplishments Jan. 15, including the Project Rocky land closing, a 335,000‑sq‑ft spec industrial closing (Axial Rock Hill 64), a Honda dealership ground‑breaking and site‑readiness grants; staff said digital marketing and site inventory updates boosted outreach to site selectors.
The Goochland County Economic Development Authority on Jan. 15 reviewed a list of 2024 accomplishments that staff said position the county for additional industrial and commercial investment.
Economic development staff reported that Project Rocky closed on its land in early December and site clearing is underway. Staff also said Crescent/Axial — now identified as Axial Rock Hill 64 — closed Dec. 31 on a 335,000‑square‑foot speculative industrial building north of the Rocky site, signaling new rentable industrial space in the county.
"Project Rocky in early December... they were able to make that real estate closing," the Economic Director said, adding that heavy equipment and land clearing were visible on site. The director said Axial's building is a shell structure that will attract tenant investments as companies fit out space.
EDA staff also reported that Lakes Auto has begun site work for a Honda dealership on Broad Street near the Henrico–Goochland line. Separately, the authority described roughly $1.7 billion in the project pipeline and said more than 1,000,000 square feet of industrial space is currently under construction in the county.
Staff recapped board-approved site‑readiness funding from 2024: approximately $98,002 allocated for a Louisville water‑and‑sewer analysis and $75,000 encumbered for West Creek site development. The director said those funds are encumbered but have not yet been disbursed.
The EDA also updated members on a website redesign and marketing push with CivicsPlus and Trade and Industry magazine. Staff said targeted digital outreach produced a 144% increase (about 5,700 additional visitors) to the county's economic‑development site and that the content is attracting site selectors.
No formal action was taken on these reports. The authority said it will bring three small‑business grant applications to the February meeting for review with ROI summaries to help members vet requests.
