On March 29, Governor Glen Youngkin announced the award of seven Industrial Revitalization Fund (IRF) grants totaling over $10M. The City of Buena Vista (BV), who applied for additional funding support for the Mountain Gateway Community College (MGCC) Wilson Workforce Development Center project, received an FY 2024 IRF award totaling $650,000.
The IRF funding leverages other financial sources to modernize the one-time Courtesy Ford facility. The dealership was built in 1916 and is part of the Downtown Buena Vista Historic District. It’s also listed on the Virginia and National Register of Historic Places. The structure has remained vacant since about 2010. During a BV Community Development Block Grant Business District Revitalization study in 2019, the building was identified as blighted. This designation will change as the 18,750 square foot location is transformed into the Wilson Workforce Development Center, an approximately $6.1M project.
The Center will offer degree and non-degree programs in hard trades (HVAC technician, Commercial Driver’s License, Diesel Mechanic, Advanced Manufacturing, and Welding). These employment fields are included in the FastForward program, which provides tuition assistance to Virginians training for in-demand jobs. The projected enrollment is 125 in the first year, rising to 300 students by year five. MGCC leadership established industry agreements for a total of 60 new jobs and 40 retained jobs at three regional employers: 1. Modine Manufacturing, 2. Everbrite, and 3. Lee-Hi Travel Plaza. Additionally, MGCC anticipates the creation of 28 direct jobs as a result of this project. Collectively, these commitments represent over $2M in investment by the respective employers. The Center will be a cornerstone to BV’s downtown development as it will bring students, faculty, and staff from around the region and contribute directly to local merchants and restaurants.
The Governor’s news release stated, “Since 2012, the IRF program has funded 66 projects that have revitalized vacant, blighted buildings. These projects have generated more than $228 million in additional public and private investment and resulted in the creation of more than 1,200 jobs across Virginia. For more information on IRF, visit www.dhcd.virginia.gov/irf.”