Opportunities | Enterprise Zone Information | J. Aubrey Houghton Industrial Park
Local Economic Opportunities:
|South Boston includes 11.31 square miles in South Central Piedmont
Virginia. Its 8500 residents enjoy living in a small town with the convenience of being
strategically located between Lynchburg, VA (59 miles) and Durham, NC (60 miles). The
average annual temperature is 57.8 degrees and we have a moderate climate which includes
four distinct seasons.
South Boston and Halifax County have a quality of life that
includes a pace of country life reminiscent of bygone days. Living in South Boston/Halifax
County is a rich and rewarding experience for people of all ages, backgrounds and tastes.
There are lush, green rolling hills with vast scenic vistas at nearly every turn.
Recreation abounds with Buggs Island Lake nearby which offers world class fishing and
boating with miles of accessible shoreline including public access and state park
facilities. Come enjoy the golfing, fishing, hunting, hiking, water sports, and camping
that our area has to offer. This area is also home to one of only two areas on the East
Coast that support a spawning of landlocked striped bass.
Stay in South Boston/Halifax County and tour a Civil War historic site, watch a
theatrical production, enjoy a NASCAR race, relax along hiking trails,
view the natural wonders, enjoy an old fashioned afternoon concert at Constitution Square,
choose from a list of local festivities to enjoy in all
seasons, or stroll down a historic Main Street
enjoying the Victorian architecture and the
charm of a small town atmosphere. Some of the richest collections of original Victorian
architecture in the country can be found in South Boston.
South Boston is a great place to spend a day......a week......a
A way of life you'll come to love!
South Boston Enterprise Zone
The South Boston Enterprise Zone Program is an economic development program designed to
foster business investment and job creation through the provision of both state and local
Enterprise Zone Objectives:
|Promote the area's revitalization through an increase in economic activity.|
|Stimulate private investment and job creation in the area.|
|Retain and expand commercial and industrial facilities within the zone.|
|Attract new industry and business to vacant sites within the zone.|
Enterprise Zone Boundary:
|Downtown Business District, Seymour Drive, John Randolph Blvd (Rt. 360), and the J.
Aubrey Houghton Industrial Park.|
|Town will reimburse business license fees for five years at a rate of 80% year 1; 60%
year 2; 40% year 3; and 20 % years 4 & 5.|
|Town will reimburse utility tax payments for five years at a rate of 80% year 1; 60%
year 2; 40% year 3; and 20% years 4 & 5.|
|Waiver of water and sewer initiation fees to new or expanding businesses.|
|An exemption from permit fees above the minimum charge for building, electrical,
plumbing, erosion, sediment control, and rezoning permits.|
|Below market rate loans for purchase of property, rehabilitation or facade renovations
within the zone.|
|Revolving loan pool for small business development.|
INVESTMENT GRANT is based on qualified real property investments made
by any individual or entity to a commercial, industrial, or mixed use
building or facility in an enterprise zone. The amount of the
grant is 30 percent of the total cost of qualified real property
investment and is capped per building or facility. The grant is capped
at $125,000 per building or facility for investments less than $2
million and $250,000 for investments of $2 million or more.
GRANTS are based on permanent full time job creation, wage rates of at
least 175% of the Federal minimum wage, and the availability of health
benefits. Local service, retail, food and beverage businesses
are not eligible to apply for job creation grants. The amount of
the grant will be based on the wages paid for those positions
For additional information on qualifying for the program, contact:
Community Development Coordinator
P.O. Box 417
432 Main Street South Boston, VA 24592
Phone: (434) 575-4209
Information request -- e-mail: firstname.lastname@example.org
Other incentives links:
Federal and State Historic District Rehabilitation Tax
for Virginia Downtowns
for an introductory reference guide to the most frequently used resources for
the revitalization of
's commercial districts. Includes brief explanations and contact information on
financial incentives, loan and grant programs, and sources of technical and
Click here for a
list of state and national organizations that provide technical assistance on a
wide array of topics pertinent to downtown development, with contact phone
numbers and websites.
Business Assistance Programs
Development Block Grant Planning Grant Program can provide funding to
local governments working in partnership with a downtown group begin the
planning and organizing necessary to start comprehensive revitalization efforts.
Development Block Grant Community Improvement Program offers
competitive grants to local governments working in partnership with downtown
organizations to carry out physical improvements and economic restructuring
activities targeted to revitalizing downtown commercial districts.
J. Aubrey Houghton Industrial Park
Location: Hamilton Boulevard, South Boston
Site Data: 62.77 Acres Available
Water: Provided by the Town of South Boston
Sewer: Provided by the Town of South Boston
Electricity: Provided by Dominion Virginia Power
|Quick access to 360 and 58; 1 mile from 501.|
|Interstate 85 is accessible by highways 501 and 58 (60 and 55 miles respectively.)|
|U. S. Routes 501 and 360 bisect the area along with U. S. Route 58.|
|U.S. Route 29 lies 30 miles to the west.|
|Danville Regional Airport (25 miles). Raleigh-Durham International Airport (75 miles).
Piedmont Triad International Airport in Greensboro (90 miles). William M. Tuck Airport (5
miles from Park) has a 4,000 foot paved, lighted runway
with fuel available.|
The J. Aubrey Houghton Industrial Park is a light industrial and office park with
available land. There are local and state Enterprise Zone incentives available to offices
or industries locating in the park.
County Industrial Development Authority