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Atlee Station:
A Landmark Location
Location, location, location …
as the time-tested adage proclaims! In the northern
sector of the Richmond metropolitan area resides Atlee
Station, Hanover County’s premier business park.
Companies looking for a landmark location in a progressive
neighborhood have begun to call Atlee Station their
home.
Federal Express, Owens & Minor
Inc. and the Richmond Times-Dispatch anchor the park,
with its excellent access to major highways and an educated,
skilled work force. Hanover County’s Economic
Development Department is adjacent to Atlee Station,
and the department staff is available to assist all
interested parties. Having direct access to Interstate
295 (the metro area’s outer loop) provides proximity
to a great portion of the Richmond region’s population.
One can reach Atlee Station within 20 minutes from almost
anywhere within the metropolitan region and Richmond
International Airport is only 20 minutes from the park.
Washington, D.C., is a 90-minute drive, as is Hampton
Roads. With the recently completed Route 288, the outer
loop will be an efficient and highly desirable route
of travel … without the hassle of traffic congestion
along Richmond’s major corridors.
Hanover County is a highly desirable
location with an excellent quality of life and a favorable
business climate. Some of the most affordable housing
on the East Coast is found within minutes of Atlee Station.
Subdivisions have popped up at an aggressive rate while
commuters continue to enjoy the feel of living at a
comfortable pace…no big-city pressures, but with
a plethora of amenities at hand. Hanover residents are
also fortunate as local government has gained invaluable
experience observing the frantic development pace of
neighboring counties and applied that knowledge to their
county’s carefully designed comprehensive plan.
Hanover County designated Atlee Station
an economic development zone in 2001. The creation of
EDZs fosters the development of “ready-to-go”
sites by giving priority consideration for development
infrastructure and fast-track permitting.
Among the benefits of being an EDZ
are the following: 1) priority for revenue sharing and
advanced road design, 2) advanced utility design, permitting
and funding, 3) first priority in the development review
process, and 4) advanced design, permitting and land
acquisition for storm water management. Being located
in an EDZ enables Atlee Station to be very competitive
in attracting new and expanding businesses.
The cost of doing business in Hanover
is very competitive as the county has the lowest real
estate tax rate in the metro area. In addition, there
is no business and professional occupation license tax
(BPOL), except for contractors, and the machinery and
tool tax is very competitive. This tax structure, along
with the EDZ benefits, creates an extremely attractive
package for companies looking to make a move.
The 236-acre Atlee Station provides
all these economic incentives as well as the benefits
of a high-end, master planned business park. Combining
these features with a highly accessible location provides
businesses with an extremely attractive solution, with
up to 32 contiguous acres for office or R&D sites.
In addition, hotel and retail sites are available for
development along the entrance to the park. Media General
Inc. has demonstrated its desire to provide the Richmond
region with the premier business park in the northeast
sector.
Exclusively represented by:
Jeffrey A. Cooke, SIOR
Gary L. Hooper, CCIM
(804) 648-5881
thalhimer.com
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