Grant & Loan Awards: Jefferson County
Equity grant funds to support water infrastructure improvements in the new 664 acre Kings Mill Commerce Park located 3 miles south of Wrens and 10 miles from Louisville. The project will consist of constructing 17,700 linear feet of 12-inch waterlines to serve the park. Jefferson County is contracting with the City of Wrens to operate and maintain the system. The property is strategically located near the junction of US Hwy 1 and SR 80 and is bordered by nearly one mile of Norfolk Southern main rail line. Natural gas service is available via the City of Wrens. Jefferson County became Georgia’s first Certified Work Ready Community. In addition, the County is recognized as a Community of Opportunity. Known as a bedroom community on the outskirts of Augusta, Jefferson County is one of 14 counties that comprise the Central Savannah River Area. Although no tenants have been secured for the Park thus far, the projected impact in terms of job creation is 1,650 jobs at full build-out.
BRIDGE funds to assist with the cost to develop a feasibility/business case conducted by Key Bridges that will help the five-county area (Burke, Jefferson, Jenkins, Richmond and Washington) determine their local needs and opportunities for Broadband service. Specifically, Key Bridges will work with local stakeholders to articulate a vision, conduct a needs assessment, provide application identification/suggested solutions, determine a business case-driven total cost of ownership and produce a deployment and sustainability plan. If successful, a wireless Broadband network will allow businesses within the economically-distressed five-county region to better compete in the global marketplace. TPC is $50K with a Local commitment of $10K divided among the prospective counties.
Equity funds to assist with the construction of a 3,612 SF terminal building at the Louisville Regional Airport, a Level III airport as designated by DOT. The current facility was built in 1975 and is in very poor condition. A new terminal will serve as the gateway to the region, providing a positive first impression for arriving industrial prospects, corporate management and visitors for the annual Masters golf tournament, area Fox Hunts and other tourism activities. The airport serves a number of nearby cities including Wrens, Waynesboro, Millen, Sandersville and Swainsboro. The airport, with two fixed based operators, is on the US 1 corridor in Jefferson County and is strategically located adjacent to the 320-acre Louisville Airport Industrial Park. It is anticipated that the airport improvements will have a positive impact on economic development efforts in the region.
EDGE funds to secure land for the new building, engineering, and site preparation. The Development Authority would control the property and set up a lease agreement with the company. Expanding its manufacturing operation would provide 77 new jobs and an investment of approximately $3.4 million.