Banks County has a strong foundation for the growing economy. All the tools are in place for businesses to grow with us.
- Educated workforce
- Ideal location in the Southeastern United States
- Lowest Taxes on Interstate 85
- Award-winning schools
- Area colleges and technical schools
- Wonderful recreational amenities
Banks County Industrial Properties
I-85 Frontage at Exit 154 Martin Bridge Road
Banks Crossing Industrial Park
Banks Crossing Industrial Park Layout
Hudson River Business Park
Development Authority of Banks County
The Development Authority holds regular meetings on the third Tuesday of the month at 4:00pm in the Wilson Shoals Training Room of the Banks County Courthouse Annex. If you have any questions regarding these meetings, please contact the Erin Decker at 706-677-6800.
HUDSON RIVER BUSINESS PARK FRONTAGE ROAD
As everyone knows, with proper infrastructure businesses will locate to a community. Building the frontage road at the Hudson River Business Park was designed in 2013. Construction began and was completed in 2014. The frontage road was the key factor in attracting and landing WINCORP International.
Leasing just over 10 acres of fallow county land, Creative Solar is beginning construction on a farm of solar arrays. This photovoltaic panel will create up to 1 megawatt of solar power on a daily basis when completed. Over the initial 20 year period, $189,000.00 will come to the Banks County through this project in lease revenue.
CHIMNEY OAKS GOLF CLUB
With the genuine possibility that the golf course would be closed and a community asset lost, I individually found a buyer for the golf course and surrounding real estate. I personally consulted with the buyer on purchase strategies. I am working with the City of Homer and the Homer Downtown Development Authority in supporting the development. The company has demonstrated the wherewithal to build out the real estate. The final build out value of the project is approximately $40 million (approximately additional $312,000 in real property tax annually and personal property taxes projected at an additional $94,364 annually). This would add approximately $39 million in taxable real property value to the Banks County tax base. Several jobs were saved in the course of this deal. The construction jobs that will be created will be substantial considering the long term nature of the development. No such construction had been a reality under past owners.
Acquiring the land, designing the business park, designing and building the frontage road all required three years of preparation. On September 2nd, 2014 the frontage road was complete. On November 4th, the Development Authority of Banks County sold 20 acres of the Hudson River Business Park to WINCORP International for $250,000.00. This office and small distribution facility fits perfect with agribusiness cluster found in Banks County. The total investment will be $2-3 Million. The total number of jobs that this facility will employ is 10-20. It will contract with dozens of firms in the region.
FACTORY DIRECT WHOLESALE
Establishing the Opportunity Zone through the designation of the Banks Crossing Redevelopment Area, the creation and local adoption of the Banks Crossing Redevelopment Plan, and the amending the Future Land Use Map was a key two year preparation in recruiting, assisting through the regulatory process, and coordinating a job fair for this company. The company will initially employ 40 and plans to employ many more as the company expands (from the existing 200,000 sq. ft.) over time to more than 600,000 square feet.
Having worked with the company over a two year period, Lumite is expanding by 100,000 square feet and over $4 million. This followed a previous year expansion and parking lot expansion.
Quality of Life in Banks County