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City of Martinsvilie.Comprehensive Economic Development Strategy Priority Projects 2003-04 <br /> <br />Pr~e~ <br /> <br />Priority Description Funding Amount Total Environmental <br /> Source Impact <br /> <br />Number of <br />Jobs Created <br /> <br />Priority I Projects <br /> <br />Regional Industrial Park <br />with Henry County <br /> <br />Te]ccommunica0ons <br />Infrastructure Upgrades <br /> <br />Customer Service Institute <br /> <br />Rives Road Industrial Park <br /> <br />Clearview Business Park <br /> <br />Acquisition and Re- <br />development of Vacant <br />and Underutilized <br />Properties <br /> <br />Redevelopment of the West <br />Church St. Corridor <br /> <br />I Establishment of a new regional Industrial EPA $1,9~5,750 $7,310,750 NA <br /> Park and Enterprise Zone. Park to be Slate $1,375,000 <br /> developed with the County of Henry. Local $ 2,000,000 <br /> EDA $2,000,000 <br /> <br />Improve MINET system to <br />Accommodate IT companies <br /> <br />Specialized training for information <br />Technology workers co-sponsored by <br />City of Martinsville and Patrick Henry <br />Community College <br /> <br />EDA <br />City <br /> <br />EDA <br />City <br /> <br />Development of a 50 acre site for EDA <br />industrial use. Includes access road VDOT <br />construction, utilities and site City <br />grading <br /> <br />Grading of parcels g2 (15.7 acres) EDA <br />and g5 (6.3 acres) <br /> <br />Acquisition and redevelopment <br />of a 5-acre parcel including <br />demolihon and site improvements. <br />Block bounded by Church, Moss, <br />Market & Fayeite Streets. <br /> <br />Tobacco <br /> <br />Redevelopment of the West Church CDBG <br />Commercial Corridor from Moss to Tobacco <br />Memorial Boulevard <br /> <br />$250,000 $300~00 NA <br />$ 50,000 <br /> <br />$125,000 <br />$125,000 $250,000 NA <br /> <br />~700,000 $1,450,000 NA <br />$450,000 <br />$300,000 <br /> <br />$ 500,000 $500,000 NA <br />$650,000 $650~00 NA <br /> <br />$900,000 $1,600,000 NA <br />6O0,0OO <br /> <br />500 <br /> <br />50 <br /> <br />250 <br /> <br />400 <br /> <br />200 <br /> <br />NA <br /> <br />25 <br /> <br /> <br />