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‘High-yield’ project wanted: Megasite gets a jobs minimum

March 11 2016

Triad Business Journal

A new contract states that the megasite near Liberty can only be home to a "high-yield project."

The agreement is between the Randolph County commissioners, the Greensboro Randolph Megasite Foundation and the N.C. Railroad, the Asheboro Courier-Tribune reports.

 

It's a six-year contract under which the organizations will develop and market the megasite together, according to the newspaper. It can be extended for three additional years.

The Courier-Tribune reports:

Any manufacturing concern that sets up business there would be required to create a minimum of 1,750 jobs.

The commissioners voted 4-1 this week to OK the contract.

 

As chronicled by Triad Business Journal for more than three-and-a-half years, local officials have been working to assemble and market the megasite in hopes of luring an automaker or advanced manufacturer. Last month, the Randolph County commissioners voted in favor of rezoning about 1,500 acres to a heavy industrial conditional district.

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Greensboro-Randolph Megasite requests rezoning of additional 370 acres to fill in gaps in the site. https://t.co/uCNn6TRJQz 35 days ago

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