The Macon County Economic Development Authority (MCEDA) has received two grants from the Alabama Department of Commerce for industrial development projects and road improvements at REAL Park.
MCEDA was given a $2.7 million Site Evaluation and Economic Development Strategy or SEEDS grant to acquire and develop a 360-acre industrial site that has "strong rail potential and access" to Interstate 85 and Moton Field Airport.
“Through the Catalyst strategic plan and programs like SEEDS, we’re equipping communities like Macon County with the tools they need to compete and win in today’s fast-moving economy,” said Commerce Secretary Ellen McNair.
Prior to receiving the grant MCEDA invested $150,000 in local funds for "due diligence" and site control. After some delays MCEDA applied for SEEDS funding the site is being marketed to prospective buyers and two clients are reportedly interested.
“This grant is a game-changer for Macon County,” said Brenda Tuck, Rural Development Manager at the Alabama Department of Commerce. “MCEDA has worked tirelessly to position this site for success, and the SEEDS program is helping to bring that vision to life.
Additionally, Macon County has received almost $1.3 million through the Alabama Industrial Access Road & Bridge Corp. for highway improvements and an industrial entryway at REAL Park, also known as the Regional East Alabama Logistics Park.
The first phase involves a 168,000-square-foot Class A industrial building that is being leased by automotive supplier Samkwang from Korea. $35 million is being invested by the company and is set to create 130 jobs.
The road infrastructure will lead to Phase 2 of the development.
“These two milestone investments underscore the incredible momentum building in Macon County,” said MCEDA Director Joe Turnham. “Macon County is now being seen in a new and positive light as the ‘New Diamond of the I-85 Corridor’ — a county with great sites, partners, people and potential.
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