Franklin County breaks ground to attract Fortune 500 businesses

US-1 North Commerce Center will feature 4 or 5 buildings on 1.4 million square feetjust off U.S, Highway 1, in Youngsville.
Posted 9/22/2023, 10:15:00 PM Updated 9/23/2023, 12:58:06 PM

STORM OPHELIA THROUGHOUT THE

NIGHT. SO STICK WITH OUR

NEWSCAST. CERTAINLY A NEW

BUSINESS PARK WILL MAKE ROOM

FOR MORE BUSINESSES IN FRANKLIN

COUNTY BRINGING COMPANIES AND

JOBS WITH IT. THE NEW

DEVELOPMENT IS IN YOUNGSVILLE

CLOSE TO RDU RESEARCH TRIANGLE

PARK AND ALSO MAJOR ROADWAYS

WRAL'S DESTINY. PATTERSON IS AT

THIS CONSTRUCTION SITE WHERE

THE PROJECT BROKE GROUND TODAY.

>> WELL, YOU CAN ALREADY SEE

THE CREWS WORKING HERE BEHIND

ME. THIS IS ALREADY A VERY BUSY

CONSTRUCTION SITE. THIS IS ALL

PART OF PHASE ONE OF A NEW

COMMERCE ENTER HERE OFF OF US.

ONE IN FRANKLIN COUNTY COUNTY

LEADERS. TELL ME THAT THIS IS

REFLECTIVE OF THE GROWTH THAT

THEY'RE SEEING HERE IN THE YOU

PROBABLY HEARD THIS BEFORE.

FRANKLIN COUNTY IS IN THE PAST

UNDER OATH THAT CONTINUOUS

GROWTH IS A LARGE REASON SUMMIT

REAL ESTATE GROUP CHOSE TO SET

UP SHOP JUST OFF A BUSY US WINE

ISN'T IS TO CREATE A BUSINESS

PARK. ARE YOU THINKING LIKE RTP

SORT OF VISION?

>> WELL, IT'S ONLY 100 ACRES SO

IT WON'T BE RTP, BUT IT WILL

BE ON THE SAME QUALITY LEVEL IS

RTP FOUNDING PARTNER MARK BE

OWED SAYS THE CONSTRUCTION SITE

WILL TRANSFORM INTO THE NEWLY

U.S. ONE NORTH COMMERCE CENTER.

>> HE SAYS IT WILL BE ABOUT

4 OR 5 BUILDINGS. ON 1.4

MILLION SQUARE FEET. THAT WILL

ALLOW FOR 68 COMPANIES TO MOVE

IN AND CALL FRANKLIN COUNTY

HOME YIELDING ANYWHERE FROM

400 TO 600 JOBS. A CHANCE TO

LIVE NEARBY WERE NEARBY.

AND THIS POINT BE OWED, SAYS

HE CAN'T SAY WHICH COMPANIES

WILL BE LEASING THE SPACE, THE

INTEREST WE'RE GETTING ARE FROM

BUSINESSES THAT ARE READY IN

THE COMMUNITY IN NEED

ADDITIONAL SPACE. THEY CALL

THIS A GENERATIONAL

OPPORTUNITY. IT'S BEEN TALKED

ABOUT FOR A WHILE IN TERMS OF

INDUSTRIAL GROWTH AND BUSINESS

GROWTH COMING TO THE COUNTY.

BUT NOW IT'S

A REALITY.

>> ALL OF THIS SITS ON MORE

THAN 100 ACRES OF LAND HERE.

THEY'VE ALREADY STARTED POURING

CONCRETE DOWN IN SOME AREAS.

PHASE ONE IS EXPECTED TO BE

COMPLETE NEXT SPRING.

>> DESTINY. PATTERSON, WRAL,

NEWS, FRANKLIN COUNTY.

>> AND THE FOUNDING PARTNER

ADDS THAT HE EXPECTS THIS

FACILITY TO ATTRACT FORTUNE

500 COMPANIES AS WELL. THE HOPE

© WRAL