Interstate 64 East District

  1. Character: Part of a commercial corridor at Interstate 64E, Exit 14. Includes industrial, retail, business including two industrial parks and the Jackson River Sports Complex. Compatible uses in light manufacturing, business, retail, hospitality, and housing
  2. Opportunity Zone Census Track #: 51580060200
  3. Potential Investment: Rail Over River Industrial Park (C-3), Jamison Commerce Center (C-3), Nettleton’s (M-1), Halmode (M-1), Kroger (C-3), Nannev Building (C-3), Hotel Collins (C-3) and 4 Story Bank Building (C-3)
  4. 30-Minute Drive Quick Facts (2019):
    • Total Population: 22,373
    • Population Growth 2010-2019: -2.50%
    • Population Per Square Mile: 103.4
    • Median Age: 47.4
    • Median Household Income: $43,248
    • Average Household Income: $56,768
    • HS Diploma or Higher: 85.5%
    • Bachelor’s or Higher: 16%
    • Total (NAICS11-19) Businesses: 889
    • Total Housing Units: 11,894
    • Owner Occupied Housing Units: 6,934
    • Median Home Value: $102,672
    • Average Home Value: $136,382
  5. Infrastructure:
    • Water and wastewater: Alleghany County
    • Electricity: Dominion Virginia Energy/BARC
    • Fiber: Lumos/Shentel
    • Transportation: I-64, US 220, Amtrak
  6. Federal, State or Local Incentives That May Apply: Enterprise Zone, Brownfield grant eligible, local incentives by project.
  7. Nearby Businesses: Dawn Warehousing, Garten Trucking, Walmart, Davenport Energy, Jackson River Sports Complex, national retail, fast food and Main Street businesses.
  8. Recent Investments: Approximately $3 million has been invested in area since 2015 in new and updated facilities including Rail Over River Industrial Park, Alleghany Asphalt, Wright Way Motors, Chapman’s Plumbing and Heating, Food Lion, and various retail establishments. 

Contact

Alleghany Highlands Economic Development Corporation

  • 1000 Dabney Drive, Suite 658
    Clifton Forge, VA 24422
  • Email: marla@ahedc.com 
  • Phone: (540) 862-0936