Foley receives $3M for new industrial development park
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A new industrial park is coming to Baldwin County.
Through the state’s Site Evaluation Economic Development Strategy (SEEDS), the city of Foley has received $3.32 million to use toward a new industrial development property near the intersection of Foley Beach Express and Baldwin Beach Express.
The property will be a joint project between Foley, the state of Alabama and Baldwin Alliance.
“As our area develops, this will provide opportunities for quality employment for not only our current residents, but upcoming generations. New industries, new businesses will need locations where they can build. With Foley’s growth, our current industrial park is being filled.”
Ralph Hellmich, Foley mayor
Keep reading to learn more about the plans surrounding the industrial site.
New Foley industrial park
The 121-acre parcel on the Foley Beach Express will become Baldwin County’s newest industrial development property. The $3.3 million in SEEDS grant covers part of the purchase price for the property.
The site is on the Foley Beach Express east of the intersection of Alabama 59. A state committee determined that the property was the best out of 16 potential industrial sites in Alabama.
“Foley and Baldwin County are some of the fastest-growing areas of not just Alabama, but the nation, and this targeted investment in development guarantees sustainable future economic growth and quality jobs for the region. Helping communities acquire and make ready industrial spaces was the goal of the SEEDS program, and my administration is pleased to see the results here in Foley and across the state.”
Gov. Kay Ivey
The city says demand for development-ready industrial sites in the area continues to build, making this investment critical to sustaining growth, attracting new employers and generating quality jobs for the region.
“Having development-ready sites is critical to competing for today’s economic development projects. This SEEDS grant represents a strategic investment in our future, ensuring we have the product in place to attract large-scale, high-impact industries that bring quality, high-paying jobs to our community.”
Lee Lawson, president and chief executive officer of Baldwin Alliance
