"We are out of space," he said. Robinson said companies like to have a building available to them when they visit a location.
The interest rate during the 10-year loan's first five years will be 2 percent and the remaining years will be at the U.S. Treasury rate at the time,
"The goal is to have the buildings sold to an industry very early on in the loan process," Gore said.
The county hopes to begin construction before the end of the year.
Robinson is uncertain about the total cost of the building as it hasn't been designed. He said the next step is to issue a request for qualifications which will seek professional assistance from engineering and construction companies to design the building. The county would then bid the building out and construct the building according to the specifications.
Any additional costs would be paid with local funds.
Robinson declined to say whether the building is for a specific project.
"We have several projects we are currently working on, but we cannot provide details on any end use," he said.
Robinson said about 15 acres in the 541-acre park will be dedicated to the building with the possibility of expansion.
"We were trying our best to get somebody in that park because most prospects that come now are looking for a building," he said. "We are trying to have a product to sell."
"I am excited about the opportunity to see if we can get something going," he said. "Hopefully that will be the future (location) of some good-paying jobs the county certainly needs. We need a tax base."
Two years ago, the county received a
The park also has a million-gallon water tank.
The loan terms are the same as for
The park currently has the Starbucks Sandy Run roasting plant.
The total cost of the project could reach
"There are a lot of businesses and industries looking to locate in
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