New Shell Building Officially on the Market
The Henry County Board of Supervisors, the Henry County Industrial Development Authority, Martinsville City Council, and the Martinsville-Henry County Economic Development Corporation (EDC) cut the ribbon today on the latest marketing tool for M-HC - a 95,500 square foot shell building located in the Patriot Centre Industrial park.
The $3 million tilt-up concrete building features 30-feet clear ceilings and a flexible design that can be finished to customized specifications by the end user of the building. “This is another high quality building option in the area’s premiere non-rail business park which will further set us apart from our competition” said Mark Heath, President/CEO of the EDC. “We have a mix of green-field sites, existing manufacturing and warehousing buildings and now, with this addition, we have a new flexible space that can quickly be custom finished to meet any customer’s needs.”
The building has approximately 90,000 square feet of manufacturing space and 5,500 square feet of office space on a 17-acre site. Its design allows for expansion to 180,000 square feet. The Patriot Centre is served by an AEP electrical substation and Southwestern Virginia Gas Company. Public water and sewer are provided by the Henry County Public Service Authority.
The building, which is being marketed nationally and internationally by the EDC, is a joint project of Henry County, the City of Martinsville and the Henry County Industrial Development Authority and the EDC. The partnership has allowed the community to be a leader in product development. “The new shell building demonstrates once again that Henry County, Martinsville and the EDC take economic development seriously and we are committed to working together to create economic opportunities for our citizens,” said H.G. Vaughn, Chairman of the Henry County Board of Supervisors.
The new building is adjacent to the EDC’s last shell building, purchased in August of 2012 by Commonwealth Laminating & Coating which serves as their headquarters and master distribution center. The EDC’s first shell building project in the Patriot Centre houses RTI International Metals.
“For our community, having a modern, well-built, and readily adaptable shell building has proven to be a successful strategy in competing for economic development. We are optimistic we’ll be called to assemble again on this site in the near future, welcoming the next new business to the Patriot Centre, and this community,” said Martinsville Mayor Kim Adkins.
“Our community has a reputation for putting world class companies in our shell buildings and we are optimistic that will be the case again with our latest offering,” said Heath.
Blair Construction of Gretna was the general contractor for the building, which was designed and engineered by Dewberry of Danville.