This award provides funding to Iredell County EDC Foundation to extend Herring Industrial Drive towards lots 5 and 6 of Mooresville Business Park East and to conduct due diligence studies on both lots. The road will be extended approximately 500 linear feet eastward to access the approximately 67-acre and 58-acre lots respectively. The project is expected to result in $2.2 million in public infrastructure investment, $100 million in private capital investment, and 300 new jobs with an average annual salary of $65,000. Golden LEAF funds will be used for road construction costs including design and engineering, and due diligence studies for lots 5 and 6.
