$250 Million Investment Planned At Industrial Mega Park Site

6/14/16

By Denice Thibodeau, GoDanriver

A company planning a $250 million investment in the region has signed a purchase agreement with the Danville-Pittsylvania Regional Industrial Facility Authority for a 300-acre site at the industrial mega park site on Berry Hill Road.

The announcement came after RIFA members emerged from a closed-door meeting Monday.

The agreement with Wilmot Properties LLC — a Delaware limited liability company — calls for the company to purchase the site for $30,000 per buildable acre.

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