Council to consider funding shovel ready industrial sites

In a letter earlier today (March 30) to interim Greensboro City Manager Denise Turner Roth, Assistant City Manager Andy Scott outlined three proposals submitted to the city for financial assistance from private developers.

"We have received three proposals for assistance in developing shovel ready industrial sites," he wrote. "Council will call a public hearing at its meeting on April 3, 2012. The sites will be considered and an award made at the April 16, 2012, Council meeting. Over the next three weeks, City staff will evaluate the proposals based on "

The first and largest request for funds listed is from the Carroll Companies for Birch Creek Business Park, costing $5,360,766. Simpson Schulman & Beard submitted one for Rock Creek Center costing $1,615,00 and the third came from Samet Corporation for $2.5 million for Triad Business Park.

At a special council meeting March 27, Scott told council there were four new sites the city could look at for shovel ready development, naming the three listed above as week as 310 acres at Reedy Fork Ranch. It is unclear why only three sites are included in his letter.

Scott's letter was included in the city's IFYI report released this afternoon.