Falling Branch Corporate Park Regional Site Development

Falling Branch Corporate Park ​Regional Site Development (Active)
Montgomery County ​

Goal: Raise Falling Branch Phase II from a Tier 4 to a Tier 5 on the Virginia Business Ready Site Program (VBRSP) scale to enhance the site’s marketability and address the low number of Tier 5 sites across Region 2. 
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​
​Grant Type: Implementation
Grant Period: 2023 – 2026​
Committed Products:​
    • 35 acres elevated from a tier 4 to tier 5 on the VBRSP scale​
    • 2,800 linear feet of water line constructed​
    • 1,400 linear feet of sewer line constructed ​
GO Virginia Funding: $324,000
Subregion: New River Valley