Additionally, engineering is underway for a leveled area in Cyber ââPark that could accommodate a 200,000 square foot building, Bobe said.
In addition, RIFA is also in the process of leveling a 63-acre platform at the Southern Virginia Megasite in Berry Hill, in southwest Pittsylvania County. RIFA owns the 3,528 acre mega park.
With respect to private investments, Realty Link recently completed construction of a 100,000 square foot industrial building at the entrance to the Cane Creek Center industrial park.
While the region’s lack of space can pose a problem in having sites available for potential industries, it is a positive indicator of the region’s economic growth.
‘A good problem’
“It’s a good problem to have,” said Danville City Manager Ken Larking.
Building more structures and adding space in industrial parks is important for creating new jobs, Larking said.
“Our intention is to build projects, because the demand is there,” he said. âWe definitely want to increase opportunities for our current citizens and attract new citizens to our community. To do this, we must have businesses of various types to meet the interests of those seeking a career.
RIFA board member Bob Warren noted the slight increase in announcements of economic development projects in the region over the past four years.