St. Thomas this week upped the stakes in a bid to entice a large manufacturing operation to the city.
On Wednesday the city, in partnership with St. Thomas Economic Development Corp., announced it is assembling an 800-plus acre parcel of land in the area of Ron McNeil Line and Highbury Avenue.
Sean Dyke, EDC CEO said this is in anticipation of attracting a mega industrial development to the city.
“The land we have assembled for this one is aimed at trying to attract a large investment.
“When I say large, I mean on a scale that would be like a single user on a majority portion of that property.”
Dyke added, “More often than not, companies are looking to have shovels in the ground for large investments in months rather than years and I am exceptionally pleased that the city has chosen to take this strategic path forward to encourage a level of long-term success and economic sustainability that will be felt not just in St. Thomas, but across the entire region.”
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