Governor Glenn Youngkin announced more than $24.7 million will be invested into several industrial revitalization projects across the state on Tuesday.
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Several areas in our region will be recipients of the funding, including the City of Danville, South Boston, Galax, Buena Vista, Pulaski, and Botetourt County, officials said.
More than 600 jobs will be created because of all of the projects, Youngkin’s office said.
Below, you can find a full list of the projects in our region that will receive funds, along with a breakdown of the expected impact, according to the Governor’s office.
- White Mill Redevelopment is set to receive $5,000,000
- The first phase will generate over $34 million in capital investment and will create over 100 new jobs.
- John Randolph Hotel Redevelopment is set to receive $3,000,000
- The project anticipates the creation of 22 full-time and 20 part-time jobs.
- Project Light Peer Recovery Center is set to receive $1,000,000
- This project anticipates the creation of at least 10 new jobs, with the potential for many more.
- Valley Innovation Center is set to receive $985,000
- This phase of the project estimates the creation of 13 new jobs.
- Project Growler is set to receive $750,000
- This project will create three to five full-time jobs and several part-time jobs.
- Factory Flats Revitalization is set to receive $450,000
- The brewery alone anticipates the creation of 10 new jobs, in addition to the generation of new local and state tax revenue.
You can learn more and find more details on the projects here.