Economic Development

Economic Development

"The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy."

Peter Drucker

The Town of Boones Mill is a GREAT place to do business! Our strengths include:

 

  • Central location between Roanoke and Rocky Mount
  • US 220, 30K plus vehicles per day but with minimal congestion
  • Low taxes and real estate costs
  • Supportive and well-managed town government
  • Excellent water quality with high pressure provided by the Western Virginia Water Authority
  • Sewer system provided by the Western Virginia Water Authority
  • Boones Mill Police Department
  • Boones Mill Fire Department
  • Franklin County Public Safety

The Town owns a 55-acre industrial property, a majority of which is available for potential purchase and development. The property includes truck and rail access, water and sewer, and broadband internet services. It also includes an existing pond, a hiking trail, and 250,000-gallon water tank (not currently is use). The Boones Mill Economic Development Corporation owns a 10-acre piece of property adjacent to the Town's property.


The two maps below show the town-owned property as well as the property owned by the Boones Mill Economic Development Authority.


The following pictures of the properties were taken via drone by Angie McGhee and the Franklin County Home Team.


The map below is only a concept of how the properties could be developed. It has not been adopted by Town Council.

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