The Montgomery Industrial Development Board and the Montgomery Area Chamber of Commerce have received a $1.27 million Site Evaluation and Economic Development Strategy (SEEDS) grant from the State Industrial Development Authority.
The funding will be used to acquire the 111-acre Del Sol property, located along U.S. Highway 31 with direct access to Interstates 65 and 85 and the Montgomery Regional Airport and the Intermodal Container Transfer Facility.
“The SEEDS grant program is about planting the groundwork for long-term growth in communities across Alabama, and today’s announcement reflects that vision in action,” said Ellen McNair, secretary of the Alabama Department of Commerce. “This investment in Montgomery will help foster innovation, expand opportunities and support local efforts to build a stronger, more inclusive economy.”
The Del Sol property already has utilities, access and the environmental assessments completed, ensuring the property is ready for development.
“With support from the Department of Commerce and continued alignment with the IDB and other public-private partners, we’re advancing competitive sites and creating the conditions for long-term business growth and opportunity across the region,” said Anna Buckalew, president and CEO of the Montgomery Area Chamber of Commerce.
