Business View Magazine | October 2020

238 BUSINESS VIEW MAGAZINE OCTOBER 2020 we partnered with a private sector company that was going to put up a 50,000-sq.-ft. shell building, expandable to 100,000 square feet. We were originally planning to break ground on that in April, but because of the uncertainties created by the coronavirus, that’s been pushed back until, probably, the first quarter of 2021. We’ve not done a shell building in the county before. Between 75-80 percent of the inquiries we get are for existing buildings. And we just don’t have a stock of existing buildings above 50,000 square feet. So, we’re pretty excited about that.” In addition, the county recently opened its newest business park, the Atlantic Gateway Logistics Park, a 129-acre development in the eastern part of the county. The new park, on U.S. Highway 74, east of Lilesville, is a partnership between the Pee Dee Electric Cooperative, NCSE (North Carolina’s Southeast, a regional public- private partnership that markets the states southeast region), and the Anson Economic Development Partnership. At build-out, the park will encompass 800,000 square feet of warehouse, distribution, and light manufacturing space; will generate between $3 and $5 million in annual property tax revenue for the county; and will employ 300-plus workers with a total annual payroll of more than $11 million. Pee Dee Electric Cooperative started clearing and site work on its new headquarters on the north side of the park in August. The state-of- the-art office, customer service, and engineering/ logistics facility will replace two existing buildings, one in Anson County and one in Richmond County, and represents an investment of $20 million. Construction is expected to conclude by the end of 2021. When finally completed in 2022, the new facility will include a customer service center, operations, and engineering facility, a warehouse, fleet parking, dispatch center, a hardened secure data center, and administrative offices for the Cooperative’s 66 employees. “Because it is rail-served, and because of its close proximity to a new I-73/US-74 interchange, www.AndersonRealEstate.org 202 East Morgan St. Wadesboro, NC 28170 704-694-5050 • COMMERCIAL • RESIDENTIAL • FARMS & LAND ✓ Homes ✓ Land ✓ Commercial ✓ Rental Management Anderson REAL ESTATE Carroll Anderson Carroll@AndersonRealEstate.com Dru Anderson Dru@AndersonRealEstate.com “Guiding Buyers & Sellers to SUCCESS”