Northeast Alabama Regional MegaSite: Difference between revisions
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The '''Northeast Alabama Regional MegaSite''', also called the '''NEAR MegaSite''' or '''Etowah MegaSite''' is a 1,100-acre industrial site under development by the [[Gadsden Etowah Industrial Development Authority]] on property owned by [[Etowah County]] at 705 [[Bynum Industrial Drive]] along [[I-59]] between [[Steele]] and [[Attalla]]. | The '''Northeast Alabama Regional MegaSite''', also called the '''NEAR MegaSite''', the '''Little Canoe Creek Industrial Megasite''', or the '''Etowah MegaSite''' is a 1,100-acre industrial site under development by the [[Gadsden Etowah Industrial Development Authority]] on property owned by [[Etowah County]] at 705 [[Bynum Industrial Drive]] along [[I-59]] between [[Steele]] and [[Attalla]]. | ||
The County formed a "NEAR Commission" which began acquiring property for the proposed development in [[2008]]. With input from the Industrial Development Authority, the [[Etowah County Commission]] determined to proceed with development of a "MegaSite" for a single large employer rather than to create a multi-tenant industrial park, or build a sports complex. The property was designated by the [[Economic Development Partnership of Alabama]] as an "AdvantageSite" in [[2018]]. | The County formed a "NEAR Commission" which began acquiring property for the proposed development in [[2008]]. With input from the Industrial Development Authority, the [[Etowah County Commission]] determined to proceed with development of a "MegaSite" for a single large employer rather than to create a multi-tenant industrial park, or build a sports complex. The property was designated by the [[Economic Development Partnership of Alabama]] as an "AdvantageSite" in [[2018]]. | ||
Latest revision as of 12:17, 15 August 2023
The Northeast Alabama Regional MegaSite, also called the NEAR MegaSite, the Little Canoe Creek Industrial Megasite, or the Etowah MegaSite is a 1,100-acre industrial site under development by the Gadsden Etowah Industrial Development Authority on property owned by Etowah County at 705 Bynum Industrial Drive along I-59 between Steele and Attalla.
The County formed a "NEAR Commission" which began acquiring property for the proposed development in 2008. With input from the Industrial Development Authority, the Etowah County Commission determined to proceed with development of a "MegaSite" for a single large employer rather than to create a multi-tenant industrial park, or build a sports complex. The property was designated by the Economic Development Partnership of Alabama as an "AdvantageSite" in 2018.
Norfolk-Southern Railroad's capital investments made to improve service to the site have qualified the company for "Growing Alabama" tax credits offered by the Alabama Department of Commerce. Alabama Power constructed a 40 MVA, 2 breaker, 115-46-12.47 kV substation adjacent to the site beginning in 2020.
References
- Parker, Illyshia (August 11, 2023) "Norfolk Southern investment into Alabama mega-site reaches $8.7 million." Birmingham Business Journal