Grant & Loan Awards: Liberty County


EDGE

Liberty County

EDGE Fund: $3,000,000

Awarded: 01/31/2005

Applicant: Liberty County Industrial Development Authority


Description:
EDGE funds to assist with land acquisition, site preparation, road construction, sanitary sewer and stormwater improvements for the location of the Ryan/Target Distribution Center, a Minnesota based general merchandise retailer, within Liberty Ridge at MidCoast Business Center-Phase I. This distribution center will utilize 155 acres of the 1,800 Liberty Ridge section. The mega park consists of 6,728,.8 acres. The Center will serve stores within the southeastern United States, specifically the markets of Georgia, South Carolina and Florida. This project is in competition with Virginia and Florida. This project will create 496 new jobs within two years and increasing to 600 new jobs within three years.


Total Budgeted Project Cost: $116,049,000


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