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Falling Branch Corporate Park Regional Site Development

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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