Construction at Commonwealth Crossing is expected to start back up this summer following Henry County supervisors’ decision to award a $24 million contract to construction firm Haymes Brothers.
Located near the Virginia-North Carolina border, Commonwealth Crossing is one of several industrial parks in Henry County and is home to both Press Glass and Crown Holdings.
According to the advertisement for bids, which was filed in February, work entails the construction of a 172-acre pad site along with supporting stormwater management, utility infrastructure and storm sewer.
The tract totals 200 acres. Currently only 57 of those 200 acres have been graded for use.
“This is a crucial step in our economic development efforts as it ensures we have a site ready for prospective industries who wish to locate in Henry County,” Jim Adams, chairman of the Henry County Board of Supervisors, said in a news release.
Funding for the project comes from two sources. A little more than $22 million came from Virginia’s Economic Development Partnership Site Readiness Program, with a $6 million match from the Harvest Foundation.
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“We are thankful to the Virginia Economic Development Partnership’s Site Readiness Program and the Harvest Foundation for their financial support for this project,” Adams said in the release. “This investment will pay dividends for our residents and taxpayers through job creation and a sizable capital investment.”
Haymes Brothers, which is based in Chatham, believes the work will be completed within two years, but that timeline could be expedited if a company decided to move into the new site.
