NOTABLE TRANSACTIONS: Urbandale warehouse sold for $4 million
businessrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessrecord.com Daily Mail and Mail on Sunday newspapers.
NOTABLE TRANSACTIONS: Urbandale warehouse sold for $4 million
businessrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessrecord.com Daily Mail and Mail on Sunday newspapers.
The plant is seen as the anchor facility in the 1,000-acre Biltmore West industrial park what Cecil called a “lighthouse of innovation” shining the way for more business and more high-paying jobs. “This is the largest industrial economic development project in Western North Carolina that we are aware of,” David Rhoades, communications director of the state Department of Commerce, told the Lightning. “Due to the multiplier effect, our economists have projected that the project will grow to a $7.4 billion economic impact in 12 years.” The Golden Leaf Foundation and community colleges in Hendersonville and Asheville also were partners on the team that landed one of the region’s biggest economic development catches in recent decades. The partnership’s incentives add up to $62 million and include a bridge over the French Broad River. We predict years from now, everyone will recognize the largesse as a wise investment.