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Posted on: April 8, 2019

Pitt County to Acquire Property for Industrial Recruitment

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At their April 8, 2019 regular scheduled meeting, the Pitt County Board of Commissioners announced the decision to acquire additional property near the current Indigreen Corporate Park, to assist in future industrial recruitment efforts.    

The land, formerly known as the Warren Farm, is currently undeveloped agricultural farmland, and comprises 130.46 acres spanning 2 adjoining parcels. It is located at 1911 Old Creek Road, in Greenville, at the intersection of Old Creek Road and Martin Luther King Junior Highway. The decision to purchase the property was made by the Board, following the recommendation of the Pitt County Development Commission (PCDC), who originally had interest in the property for potential industrial park expansion.

According to PCDC, the land serves as a natural extension to the current industrial uses found in the area, and is a natural choice to aid in future industrial recruitment efforts. Located adjacent to Hyster-Yale Materials Handling, and opposite from Grady White Boats, the property is just south of the current Indigreen Corporate Park. The Development Commission has already completed a Phase I Environmental Assessment and geotechnical survey, as part of due diligence in ensuring the acreage is a suitable purchase for the Commission’s intended uses. Total purchase price for the property will be $3.8M.

The strategic importance in acquiring the Warren Farm was noted by current PCDC Executive Director, Wanda Yuhas, saying “this newly acquired property is shovel-ready and located very near future interstate 587. The nearest corporate neighbors are some of our most outstanding industries.” Yuhas further explained, that “with shovel-ready sites, Pitt County is a much stronger competitor for industrial projects of all kinds. If staff wants to pursue Certified Site status, they should be able to do so quickly and economically.”

Currently, PCDC plans no structural additions for the land, reserving to maintain it as a marketable development opportunity for future prospective industrial projects. The ability to offer space for expansion or initial development is a key resource in the recruitment of industry of all sizes. By making this acquisition now, PCDC aims to expand its diversity of options for immediate recruitment efforts. To learn more about the Pitt County Development Commission and their work to expand industry in Pitt County, visit www.LocateInCarolina.com.

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