With easy access to transportation, an abundant workforce and a favorable business environment, the Shirley T. Holland Intermodal Park offers over 350 acres of infrastructure-ready, rail-served property located just minutes from one of the country’s busiest transportation hubs. Its proximity to the Port of Virginia, interstates and highways, airports and railways make this highly visible acreage and emerging location for companies serving markets throughout the Mid-Atlantic and Southeastern United States.
Cost Plus World Market, one of the world’s leading retailers, operates its 1.1 million square foot east coast distribution center in the Park. Johnson Development Associates, an industrial real estate developer based in Spartanburg, South Carolina, recently completed a 329,000 square foot building and is preparing to break ground on a second facility.
To continue the commitment to providing a significant positional advantage for the growing manufacturing and distribution industry in the Hampton Roads area, Isle of Wight County recently purchased an additional 568 acres south of the original site for future expansion of the park. Additionally, the application for Foreign Trade Zone designation is under review. Once zone status is granted, companies located within the Park can take advantage of benefits such as duty exemption, duty deferral, inverted tariff, logistical benefits, and inventory tax exemptions.
Feasibility Study (Moffatt & Nichol, July 2007)
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