Radford, VA – WDBJ News recently highlighted the City of Radford and its decision to approve a future purchase option of an 80-acre site affiliated with the old Foundry on the southwest side of town.
The six-month option agreement with owner Virginia Castings LLC, gives the city the latitude to conduct environmental testing and remediation on the site if necessary before the purchase is finalized.
The Foundry, which shut its doors in 2013 was once a major player in Radford’s industrial base employing approximately 1500 workers at its peak in the 1970’s.
Per the article, “The city says it will pursue grants for environmental evaluation, remediation, site access, cleanup and redevelopment, leading to the opportunity for significant economic benefit.”
Read the full article here.
Learn more about Radford, a city in Virginia’s New River Valley here.
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.