- Last Updated on 07:42 AM 12/17/12
- BY The Gazette-Virginian
The Tobacco Indemnification and Community Revitalization Commission’s Southside Economic Development Committee approved the Halifax Industrial Development Authority’s request for $1.3 million to improve the Green View Advanced Manufacturing Center (former Daystrom building) located at Green’s Folly, according to Halifax County Industrial Development Authority Executive Director Matt Leonard who attended the Thursday meeting in Roanoke.
The Southside Economic Development Committee, an arm of the Virginia Tobacco Commission, considered 10 grant applications before giving a green light to the authority’s $1.3 million request for Phase II rehab for reuse of Green View.
Tobacco commission staff had recommended award of the grant to be used for water sealing 391,000 square feet and renovations to 140,000 square feet as dried-in industrial and commercial space in the center.
The authority plans to make the additional improved space available to the Southern Virginia Higher Education Center for workforce development programs and also identifies space allocated for research and development as well as wood and products manufacturing business incubation, the application states.
In applying for the $1.3 million, the authority asked Halifax County Supervisors to approve $150,000 in matching funds at their meeting earlier this month. The money will come from the 2014 county budget.
As part of the total project budget of $1,492,000, the authority also has committed $42,000 of authority funds as a local match.
“Green View is a repurposing of the Daystrom Furniture facility, one of Halifax’s largest and most respected operations. Bringing life back to the building and grounds in ways that increase employment and economic growth and provide training to a waiting and willing workforce will better Halifax in tangible and intangible ways. Tangibly, Green View has the capacity to employ hundreds of workers and generate real estate and property taxes, as Daystrom once did, through leasable space, machinery and tools. Having ready product with easily accessible services will reduce the timeline of potential projects, thus helping Halifax County and region win projects,” the application concluded.
The full tobacco commission is scheduled to meet Tuesday, Jan. 8, at 9 a.m. in Richmond when a decision is expected to be made on the grant request.