The North Carolina Railroad Company (NCRR) has expanded its Build Ready Sites Program (BRS) to include two application rounds in 2025, increasing opportunities for communities to develop rail-served industrial sites throughout North Carolina.
The spring application round opened on May 12, and runs through June 13, with a fall round scheduled for September. This marks the first time the program will offer two application rounds in a single year. Up to $3 million in grants will be available in each round.
“Primed industrial sites are a critical component of North Carolina’s infrastructure for supporting business recruitment and expansion,” said President and CEO of the North Carolina Railroad Company Carl Warren in a press release. “The expansion of our Build Ready Sites program aligns with increasing demand for domestic manufacturing capacity and provides communities with a strategic asset to facilitate timely project development.”
Since the program’s inception in 2021, BRS has awarded over $9.3 million in private grants to 17 counties across the state, creating over 3,500 “build-ready” acres for rail-served industrial development.
Any potential rail-served site can apply for up to $500,000 per project, with up to $750,000 available for sites along the NCRR corridor. The grant initiative prioritizes proposals from rural and economically distressed communities and requires sites to be at least 50 contiguous developable acres located within half a mile of potential rail service.
“The BRS grant will jumpstart our site prep and help us complete vital improvements that make our site even more attractive to businesses,” said Randy Collins, executive director of Anson Economic Development Corporation in a press release. “We appreciate NCRR’s investment to help our region be ready for new opportunities.”
NCRR awarded Anson County and two others $500,000 each in the 2024 Build Ready Sites grant round, totaling $1.5 million.
Other fund recipients include:
“When site selectors evaluate opportunities in Guilford County, they’re looking for sites that are ready to go,” said Marvin J. Price, executive vice president of Economic Development for the Greensboro Chamber of Commerce in a press release. “This grant is a critical step forward in strengthening Guilford County’s ability to compete for rail-served industrial projects. With infrastructure in place, we can move at the speed of business—showcasing sites that are truly ready for development. NCRR’s investment enhances our market competitiveness and positions us to attract transformative
employers to our region.”
Eligible projects must also demonstrate community support, provide a 20% match and have service confirmation from the serving railroad.
“Economic development is truly a team sport, and we appreciate the collaboration and support of our rail partners in providing resources that help prepare our rail-served sites to attract industry to our community.” said Crystal Gettys, business recruitment director of the Randolph County Economic Development Corp. in a press release.
Communities interested in applying for the spring 2025 grant round should review program guidelines. To apply sign up for an account by creating a log in here.
Welcome to the 118th issue of Greater Fayetteville Business Journal, or Volume 4, No. 22 as we like to call it on the front page. None of these numbers really have much relevance unless you have been there from the beginning and have an understanding
The FCEDC is requesting the public's help in filling out this survey to ensure our voice is heard. Graphic provided by FCEDC.The North Carolina Department of Transportation is looking for input on a connected route that would link several centers of
Downtown business owners and organizations gathered for the Joint Quarterly Meeting organized by the Downtown Alliance of Fayetteville and Cool Spring Downtown District on Wednesday, April 17 at the Volta Space. It’s been a busy few months for t
