The City of Staunton and Rockingham County have been awarded a total of $13.5 million in Virginia Business Ready Sites Program (VBRSP) development grants. The grants will be used for the Staunton Crossing and Innovation Village at Rockingham projects.
The Staunton Crossing development is a publicly owned 275-acre site located in the I-81 corridor providing opportunities for businesses in light manufacturing, medical, food processing, office operations, data centers, and logistics.
Innovation Village at Rockingham is a mixed-use development situated on 354 acres offering retail, office, medical, commercial and residential components.
VBRSP grants are administered by the Virginia Economic Development Partnership (VEDP) in partnership with localities, utilities, and state agencies. The fund facilitates infrastructure improvements and assists in the smooth assembly of permits and approvals required for employers and manufacturers to smoothly expand in the Commonwealth.
Read the full press release HERE.