Are you interested in launching a new business or expanding operations in Prince Edward County? Our economic development office will partner with you to determine a prime location, recruit a talented workforce and uncover available grants or funding sources for your enterprise. 

With an active Industrial Development Authority, a local Small Business Development Center and a brand new innovation hub, Prince Edward County has dedicated itself to an economic plan that offers real support for Virginia business and creates economic sustainability.

“The Board of Supervisors and the County Industrial Development Authority (IDA) have made a meaningful investment in the future of Prince Edward County with the purchase and development of the HIT Industrial Park.  The County has been supported by grants from the Tobacco Region Revitalization Commission and the Virginia Economic Development Partnership to move it from a Tier 3 to a Tier 4 status.  Economic Development is one of the critical targets in the County’s adopted Strategic Plan and the HIT Park represents a transformational opportunity to create jobs and investment.” – County Administrator Douglas P. Stanley

Need more information? 

For more detailed information concerning a local incentive, eligibility criteria, boundaries or deadlines, contact the County's Office of Economic Development:

Location │121 East Third Street, Farmville, VA 23901
Mail │P.O. Box 625, Farmville, VA 23901
Phone │434-392-1482
Email │cwhite@co.prince-edward.va.us

Business and Commercial Opportunities 

The following are business and commercial opportunities that currently exist in Prince Edward County.

Heartland Innovative Technology Park

The Heartland Innovative Technology Park boasts more than 280 acres with the potential buildout of up to 1.5 million square feet.

Hit Park Stats:

• • Site Size:  280+ Acres (with Expansion Possibilities)
  • Potential Build-out:  Up to 1.3M+ SF
  • Zoning:  C1 – Data Center By-Right
  • Electrical:  Dominion Energy 230kV & 115kV Transmission On-Site with Large Scale Capacity
  • Current Dominion Energy Data Center Electric Rates as Low as $0.0475 / kWh with Qualifying Economic Development Incentives
  • Fiber:  Open Access Fiber Backbone with MBC & Diverse Fiber Paths
  • Dark Fiber Connections to Primary Backbone Networks – SummitIG, Lumen Networks (formerly CenturyLink & Level3), Shentel & Comcast
  • Real Estate Tax Rate:  $0.51 per $100 Assessed (Lowest 10% in Virginia)
  • Personal Property - Data Center Equipment Tax Rate: $1.00 per $100
  • Hotel Rooms: 500+ within 30 Minutes
  • Airports:  Lynchburg Regional Airport Approx. 52 Miles/Charlottesville Albermarle Airport Approx. 60 Miles/Richmond International Airport Approx. 70 Miles/
  • Raleigh-Durham International Airport Approx. 125 Miles/Piedmont Triad International Airport Approx. 140 Miles
  • Water:  Town of Farmville / Prince Edward County
  • Water Capacity:  Water Infrastructure Extension Projects In Design Projecting Up to 1.2 MGD from Town of Farmville /Up to 5.5 MGD from Proposed Sandy River Reservoir
  • Educational:  Longwood University Center for Cyber Security & Hampden-Sydney College Less Than 10 Minutes From Site
  • Incentives:  Competitive Data Center Incentives for Lowest Total Cost of Ownership (TCO)
  • Within 2.0 Miles of Four-Lane US-460

Full Resolution Brochure

Full Resolution Map

Prince Edward County Business Park

As part of the Enterprise Zone, Prince Edward County owns 100+ acres of a Business Park, where multiple industries currently reside. The County developed 4 "ready-to-go" industrial sites designed and marketed to attract additional industries to Prince Edward County.

Key Information

• Power: Dominion Virginia Power

• Water/Sewer: Town of Farmville

• Broadband Connection: Mid Atlantic Broadband

 
Available Business Park Lots

Additional Lots on Granite Falls Boulevard

Additional Available Sites

Visit this link for an interactive map of additional available sites.

Enterprise Zone

Prince Edward County’s Enterprise Zone Program is a Commonwealth of Virginia economic development program managed by the Virginia Department of Housing and Community Development (DHCD). The state’s Enterprise Zone Program offers state and local incentives for businesses to locate or expand within the designated zone areas.

• Enterprise Zone Map

• Prince Edward County State and Local Incentives

Featured Properties

• Tharpe Property, Tax Map TM-40-4-1. View map.

• 628 acres of residential planned community (RPC). View brochure.

• Sunchase Mixed-Use Development. View Plan.

• Manor House Drive 766 +/- acres. View Listing.

• 193 McLendon Drive.  View Listing View Brochure

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