County-Overseen FR-WC EDA Okays Sale of Two Lots in Stephens Industrial Park

The Front Royal-Warren County Economic Development Authority (FR-WC EDA) held a special meeting on Thursday, October 19, 2023, at 9 a.m. with the FR-WC EDA Asset Committee. There were five Board members and legal counsel present; board member Bruce Townshend participated remotely, and Jim Wolfe and Hayden Ashworth were absent.

The meeting began with the Asset Committee providing updates on EDA-Owned Avtex Redevelopment properties regarding the enforcement of trespassing.

Aerial file photo of the old Avtex Admin building which housed the FR-WC EDA for years, and a portion of the projected Royal Phoenix Business Park behind the Admin building. This Phoenix has yet to fly but plans for sale and development of EDA-owned properties is still a major topic of EDA conversation, as was trespassing on EDA properties at Thursday’s Asset Committee meeting.

The Board concluded the meeting with a closed session to discuss potential disposition of real property to business prospects and legal consultation on active litigation. Following the closed session, the Board approved a resolution authorizing a contract to sell lots 6 & 7 in Stephens Industrial Park.

Following the closed session, the Board adjourned their special meeting and the Asset Committee continued with their regularly scheduled meeting. The Committee had presentations from two developers regarding the future vision of Avtex and Happy Creek Technology Park. The group also had a discussion regarding industrial park signage located in parks originally developed by the EDA, and how the signage should be managed in the future.

The EDA’s next regular monthly Board of Directors meeting will be held on Friday, October 27, 2023, at 8:30 AM, at the Warren County Government Center.

(From a release by the Front Royal-Warren County Economic Development authority)