Economic Development

Update (December 11, 2018): 

The SRRIFA is near completion.  All four member localities (Hurt, Altavista, Pittsylvania County, and City of Danville) have approved the requisite ordinances.  Legal counsel has submitted finalized documentation to the Secretary of the Commonwealth.  With her signature, the entity will officially be recognized as a Virginia political subdivision and become operational.  We anticipate completion of the process before the end of the year, and are aiming for a January time frame to hold the initial organizational meeting of the SRRIFA’s founding board of directors. 

A recent news article with further details is available here.

Southern Virginia Multimodal Park (SVMP) is our top economic development priority.  We are open to a wide range of possibilities.  Based on new insights this year, we now place particular emphasis on logistics and envision the site as a future nexus of regional and/or global commerce


New Banner Heralds Inception of Industrial Facility Authority

February 23, 2017

Press Release

                                                                   

Displayed beside the Virginia Flag, a banner identifying the soon-to-be Staunton River Regional Industrial Facility Authority (SRRIFA) speaks of a developing partnership between Hurt, Altavista, Danville, Pittsylvania County, and Southern Virginia Multimodal Park (SVMP) that is to focus on bringing jobs to the SVMP and breathing new life into the Staunton River region’s economy.  A press release detailing this afternoon’s Letter of Intent (LOI) signing ceremony is available.

SRRIFA Banner.jpg

                                                              Photo courtesy of Jane Ward Johnson

    A new sign appeared at the former Burlington Industries property in Summer of 2016 to announce a re-branding of the site.  Samet Corporation, a top-tier industrial development firm headquartered in North Carolina, plans to promote and develop the approximately 800-acre tract into a 21st-Century industrial/commercial business park. 

    Samet recently published a brochure on their website, advertising the newly-named Southern Virginia Multimodal Park (SVMP) to the world.  A listing of their corporate parks, including a downloadable PDF of the brochure, has been provided here for convenience.  

   SVMP has since received increased attention, as state officials have considered it as a location for Virginia’s second inland port. Town and county officials, along with private enterprises including Samet, have encouraged the Commonwealth to facilitate this concept becoming a reality.  

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Page last updated:  Tuesday, December 11, 2018 at 7:10 PM