Alleghany Highlands Invests in Infrastructure to Attract New Industry
One of Virginia’s best kept secrets is going viral. Long known for offering residents an incredible quality of life, word is out on the Alleghany Highlands as an equally desirable business address. Adopting a collaborative approach, Alleghany County, the City of Covington and towns of Clifton Forge and Iron Gate have pooled resources and expertise to drive economic investment across the region.
Read Full ArticleAlleghany Regional Commerce Center (ARCC) offers a unique opportunity to establish or expand your business in one of Southwest Virginia’s most scenic areas. With incredible access just one mile from Interstate 64, this publicly-owned business park offers “ready-to-go” development options and a wide-reaching labor draw for manufacturing, healthcare and pharmaceuticals, logistics, food and beverage, and other mission critical operations.
Thanks to a cooperative partnership between Alleghany County and the City of Covington, significant investments in engineering studies, master planning, and infrastructure design and development have already been made. And, with industrial zoning in place and the required environmental permits in-hand, contractors can be mobilized quickly.
With impressive broadband capacity, an affordable tax structure, and modest cost of living, Alleghany Regional Commerce Center is an attractive and profitable location for both your business and your employees. So, if you’re looking for a new home just an hour from Roanoke, Virginia, this is the place for you!
Alleghany Regional Commerce Center
Commerce Ctr and Winterberry Ave, Covington, VA 24426
37.79685421,-79.89444595 (lat,long)
Contact
Bryan Thompson (Local Contact)
Alleghany Highlands Economic Development Corporation
bryan@ahedc.com
(540) 862-0936
Full Site Details
- Acreage
- 104 total acres with 50 developable and contiguous acres
- Zoning
- M-1 Industrial
- Ownership
- Covington-Alleghany Industrial Development Authority
Current Tenants Include
- Bacova Guild, Ltd
- 335,000 sq ft
- Balchem
- 68,000 sq ft
- Williams Fabrication
- 19,000 sq ft
- YMCA
- 43,000 sq ft
Utilities
| Service | Provider | Current Capacity |
|---|---|---|
| Electricity | Dominion Energy | 138kV |
| Water | Alleghany County | 12″ main from 600,000 gallon Commerce Center Storage tank; 400,000 gpd |
| Wastewater | Alleghany County | 8” line; 266,400 gpd |
| Natural Gas | Columbia Gas | Connection nearby; capacity TBD |
| Fiber/ Broadband | Lumos Networks | 100% Gig-speed fiber |
Transportation Networks
| Type | Name | Distance From Site |
|---|---|---|
| Interstate | I-64 | 1.2 miles |
| 4-Lane Arterial Highway | US Highway 220 | 17 miles |
| Major/International Airport | Washington-Dulles Airport (IAD) | 208 miles |
| Commercial Airport | Greenbrier Valley Airport | 40.6 miles |
| General Aviation Airport | Ingalls Field Airport | 19.2 miles |
| Port | Virginia Inland Port (Front Royal) | 154.4 miles |
| Port | Port of Virginia (Hampton Roads) | 250.5 miles |
Nearby Amenities:
- Alleghany County’s Winterberry Park and Jackson River access
- River Retreat – luxury apartment homes (under construction)
Completed Site/Engineering Studies & Evaluations:
- Phase I ESA
- Boundary & Topo Survey
- Geotechnical Borings & report
- Army Corps of Engineers PJD (wetlands)
- Virginia Water Protection Permit (VWP) and State Program General Permit (SPGP)
- Threatened & Endangered Species Review
- Approved Master Plan for ARCC
- Approved Site Plan for up to 500,000 sq ft
- Engineered Designs for final pad grading phase to support up to 750,000 sq ft
Demographics
| Total Population within 30 minutes/ 60 minutes | 27,501 / 311,223 |
| Total Workforce within 30 minutes/ 60 minutes | 10,681 / 152,543 |
| Average Wage Range* | $17.63/hr – $33.27/hr |
| Annual Unemployment Rate (2021) | 4.3% |
*Wage range reflects averages for manufacturing, logistics, office and IT sectors Sources: Total Population: ESRI, 2021; Total Workforce, Workers, and Average Wages: EMSI, 2021; Unemployment Rate: Bureau of Labor Statistics, 2021 Annual |
Local Business Taxes (Alleghany County)
| Type of Tax | Nominal Rate (per $100 of assessed value) | Effective Rate per $100 (per $100 of assessed value) |
|---|---|---|
| Real Property | $0.73 | $0.73 |
| Machinery & Tools | $2.98 | $0.89 |
| Business Tangible Personal Property | $2.98 | $0.89 |
| Merchants’ Capital/ Inventory | not applicable | not applicable |
Contact Us
Reach out to us to find out more information about this property or to learn more about what the region offers.