Home » NEWS » County adds 240-acre, interstate-fronting tract

County adds 240-acre, interstate-fronting tract

MCCOMB — Pike County economic developers have upped their portfolio for possible development by taking a three-year option to buy 240 acres fronting Interstate 55.

The Enterprise-Journal reported the economic development district paid Griffin Timber LLC $30,000 for control of the property into 2016. Griffin Timber is owned by businessman Ed Griffin.

The land runs along the east side of Interstate 55, bounded by Wardlaw Road to the north and Airport-Fernwood Road to the south.

Pike economic development district executive director Britt Herrin said the site offers ideal access to the interstate highway. Water services are nearby, he says, and the McComb wastewater treatment plant is close enough that extending sewer service would not be a prohibitive development cost.

“The proximity to both Magnolia and McComb infrastructure is a bonus. It’s fairly flat, it’s got roads on the north and south ends that give you access,” Herrin said.

The tract is far larger than any industrial property now owned by the county.

“Within our current industrial park, we really don’t have any property over 100 acres,” Herrin said. “We need all the options we can get. The more you have, the more likely you’ll fit to what someone needs.”

If the economic development district exercises the option, the agreement would require purchase of the entire 240 acres.

“Three years is probably enough time to decide whether we want to buy it or not, and come up with the resources. It will give us time to market it, too,” Herrin said.

___

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*