X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TAYLORSVILLE, NC-An Alexander County railroad company is joining with local developers to create technology-oriented Alexander Business Park, a venture that offers a 40,000-sf spec building 60 miles northwest of Downtown Charlotte.

The park was built on Alexander Railroad Co. land just east of Taylorsville and developed as a joint venture between G.L. Wilson Building Co. and Statesville-based EnergyUnited. Since natural gas is now available in many part of the county, local officials are looking to attract more companies to the base of furniture manufacturers that dominate the local economy.

Local government officials are also considering an incentive package that could be offered to companies contemplating a move to Alexander County. But the county’s remote location and the fragile infrastructure of its existing industrial property in many ways hinder its economic progress, some industry observers note.

However, Alexander Business Park is in a prime location, with access to Alexander Railroad’s short-line service from Taylorsville to Statesville. The developers are hoping to attract a light industrial operation to the new spec building, ideally a rail-using technology firm.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE 2020Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.