Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Business Law
    • Commercial Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • Coronavirus 2020
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Diversity Leadership Series
    • Vote Now for Women in Leadership
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read the issue
    • Order a copy
    • Buy an award plaque
    • Nominate execs for 2021

Advertisement

Header Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Home News Industries Commercial Real Estate Botetourt County breaks ground on shell building

Botetourt County breaks ground on shell building

Published August 22, 2016 by Robert Powell, III

Botetourt County is getting a 100,000-square-foot shell building that local officials say will make the region more competitive in attracting new business.

Government and economic development officials gathered Tuesday to break ground on the new building on a 22-acre site at the county's Botetourt Center at Greenfield. County officials say the structure will help address a regional problem of not having enough available buildings for companies seeking advanced manufacturing space. “Three quarters of our inquiries are for existing buildings, and we don't have a deep inventory of modern facilites for high-tech advanced manufacturing. That is the case along the entire I-81 corridor,” Beth Doughty, executive director of the Roanoke Regional Partnership, said in a statement.

The building, the only one planned in the region, will have room to at least double in size.

A shell building helps companies increase their speed in bringing products to market because they don’t have to spend time constructing a building.  Plus, the building is expected to give the region an  advantage in attracting more highly skilled and high-paying jobs like the ones being created adjacent to the facility at Eldor Corp. and Ballast Point Beer and Spirits.

Eldor, based in Italy,  announced plans in March to invest $75 million during the next five years in what will be its first North American production plant. The 250,000-square-foot plant will employ 350 workers making ignition and electric systems for hybrid and electric cars.

The county got more good news in May from San Diego-based  Ballast Point Brewing and Spirits. It  plans to invest about $48 million to turn an existing building in the industrial park into its East Coast manufacturing and retail operation. The project is expected  to create about 175 jobs.
                                        
The groundbreaking ceremony was held on International Drive at the Botetourt Center in Daleville. It is a joint project of the Greater Roanoke Valley Development Foundation,  the Roanoke Valley Development Corp. and Botetourt County. The overall cost of the project is estimated at $3 million.

Hometown Bank is providing financing while local companies Balzer & Associates and Avis Construction will lead the design and construction. Construction begins immediately and is expected to take about 10 months.

“We are now missing opportunities because we don’t have the product,” Doughty said. “This building will be very attractive to a manufacturer looking to take advantage of the Virginia Western Mechatronics Program, low costs of doing business, market access, and a very livable region.

 

Related Stories

Virginia Business logo

Construction spending in January posts biggest year-over-year increase since 2006

Virginia Business logo

Virginia home sales increased 8 percent in 2016 to nearly $38 billion

Virginia Business logo

Applied Felts plans to expand in Henry County

Trending

Finance/Insurance: STEPHAN Q. CASSADAY

Finance/Insurance: PAUL B. MANNING

Federal Contractors/Technology: JASON PROVIDAKES

Education: ANNE M. KRESS

Artemis I to launch with help from Va. contractors

Sponsored Stories

Why is my Less Than Truckload (LTL) freight pricing going up and my service level going down?  

Beyond Juneteenth – How Capital One is Commemorating and Implementing Change

How We Help Your Business Operate Better

Before the Breach: Get Serious About Cyber Resilience

Professionals are Discovering What it Means to Live Uniquely in the Alleghany Highlands of Virginia

Riverside Logistics Celebrates 25th Anniversary!

Girls for a Change Empowers Black Youth for the Future Workforce

The Jackson Ward Collective is equipping Black-owned small businesses with the tools for success

Advertisement

Advertisement

Trending

Finance/Insurance: STEPHAN Q. CASSADAY

Finance/Insurance: PAUL B. MANNING

Federal Contractors/Technology: JASON PROVIDAKES

Education: ANNE M. KRESS

Artemis I to launch with help from Va. contractors

Sponsored Stories

Why is my Less Than Truckload (LTL) freight pricing going up and my service level going down?  

Beyond Juneteenth – How Capital One is Commemorating and Implementing Change

How We Help Your Business Operate Better

Before the Breach: Get Serious About Cyber Resilience

Professionals are Discovering What it Means to Live Uniquely in the Alleghany Highlands of Virginia

Riverside Logistics Celebrates 25th Anniversary!

Girls for a Change Empowers Black Youth for the Future Workforce

The Jackson Ward Collective is equipping Black-owned small businesses with the tools for success

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2023 Virginia Business. All rights reserved.

Site Maintained by TechArk