Orange County NC Website
Browse       Search
Steve Brantley said to have patience as he trains his new staff, and to continue to be <br /> supportive of Orange County economic development. <br /> Eric Hallman asked if Steve Brantley sees incentive packages as being important to <br /> attract new businesses. <br /> Steve Brantley said yes, they are important. <br /> Opportunities for County/Town Economic Development Partnerships <br /> Steve Brantley read the following information from the abstract: <br /> Ongoing Business Prospect Activity in Hillsborough <br /> Orange County's Planning & Inspections Department, assisted by the Economic Development <br /> office, have a number of promising commercial and retail development activities that should <br /> bring new capital investment to the property tax base, add new jobs and payroll, and bring <br /> additional retail sales tax to the Town of Hillsborough and Orange County. Locations being <br /> considered for development include property improvements adjacent to Home Depot at the <br /> southeast quadrant of N.C. 86 and Interstate 85, and at the southwest quadrant of Old N.C. 85 <br /> and Interstate 40. Specific retail and commercial projects are at various stages of <br /> development, such as submitting site plans, negotiating with land owners and NCDOT, and <br /> meeting with Planning & Inspections. Ongoing discussions, some still confidential, include a <br /> major restaurant chain, and mixed use commercial office development. <br /> • Sheetz gas station & convenience store <br /> • Restaurant <br /> • Mixed use commercial office building <br /> Prospects Visits Made to Hillsborough <br /> Hillsborough has several desirable real estate buildings currently on the market that are all <br /> suitable for commercial, light industrial and warehouse users. These locations are attractive, <br /> competitively priced and together represent the County's single strongest grouping of available <br /> buildings with the potential to attract new businesses. The Economic Development office has <br /> presented each of these facilities to visiting industrial prospects during the previous year. With <br /> the departure of Southern Season's warehouse operations by October 2015, the County will <br /> suddenly have a large industrial/distribution facility of nearly 90,000 square feet that can be <br /> marketed to more large business prospects than was previously possible in past years, when <br /> almost no empty buildings existed. In most cases, the Economic Development office informs <br /> Hillsborough's Town Manager and/or Senior Planner regarding each prospect visit. <br /> • Eno River Mill — up to 90,000 sq. ft. is currently available <br /> • 505 Eno Street (A Southern Season's warehouse) — 89,834 sq. ft., (space will be <br /> available in October 2015, and is now being marketed and shown to numerous <br /> prospective tenants). <br /> • Elizabeth Brady Road —24,000 sq. ft. <br /> • Valley Forge Road - 2,500 to 3,000 sq. ft. (offices & warehouse) <br /> • Sinclair building (N. Churton Street) <br /> • N.C. 57 Business Park (located near the N.C. 57/N.C. 86 intersection) <br /> • Tryon Business Center II (5.3 acre site at Meadowlands) <br /> Orange County's Small Business Loan Program &Actual Lending Activity that <br /> Support Small Businesses in Hillsborough <br />