Johnson County Announces Clayton Commerce Center

Veröffentlichungsdatum:

Johnston County Commissioners unanimously approved an economic development agreement with Wylie Capital this morning in support of creating a 382,000-sq.-ft. “mini” industrial park in Clayton. Headquartered in Deerfield, Ill., Wylie Capital is a developer of industrial and commercial real estate in the Midwest and Sun Belt. It plans to build what will be called the Clayton Commerce Center on 34 acres off Clayton Boulevard (i.e., U.S. Highway 70 Business) near Grifols, Novo Nordisk and several other manufacturers. 

“Today’s complex global economy requires manufacturers to move quickly when emerging opportunities arrive,” said R.S. “Butch” Lawter, Jr., Chairman of the Johnston County Board of Commissioners. “They need modern industrial space that’s ready for occupancy. Without partnerships with private developers, we would have to turn away projects that would otherwise be a solid fit for us. Our performance-based incentive grants have proven effective in building the kind of economic development product Johnston County needs to compete for high-wage jobs.”    

Clayton Commerce Center will include three buildings, the centerpiece of which will accommodate as many as 100 workers. Constructing the complex will generate $32.4 million in economic output for Johnston County’s economy, according to an economic impact assessment by Dr. Michael Walden, William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and President of Walden Economic Consulting, LLC. Once occupied and operational, the facility could add $66.5 million to the county’s annual GDP and generate nearly $536,000 in new tax revenues for county and municipal governments, Dr. Walden found. 

Read more here: https://www.growwithjoco.com/news/commissioners-approve-county-support-for-industrial-spec-space/