Airport Commerce Park
Airport Commerce Park
The City of Lynchburg
Goal: Complete due diligence to advance the site from a Virginia Business Ready Site Program (VBRSP) Tier 2 to Tier 3. Determine the investment required to develop 95 acres of the 228 acres owned by the City and County into a future business and industrial park.
Target Industry Cluster(s): All (Advanced Materials Manufacturing; IT, Engineering Services, & Emerging Technology; Life Sciences & Biotechnology; Manufacturing for Transportation, Energy, & Autonomy)
Investment Strategy: Site Development & Infrastructure
Type of Grant: Implementation
Grant Period: 2023-2024
Achieved Outcomes:
• 96 acres developable acres
• Phase 1 Due Diligence
GO Virginia Funding: $190,000
Subregion: Greater Lynchburg