$60M substation slated for megasite
A $60 million electrical substation near the Nissan plant will make an industrial megasite much more attractive, economic development officials are saying.
Image for illustration purposes
A $60 million electrical substation near the Nissan plant will make an industrial megasite much more attractive, economic development officials are saying.
Located at Highway 22 and Nissan Parkway the 325-acre site owned by the Madison County Economic Development Authority will be ready for big business.
“From an economic standpoint, there’s a lot rolled into this,” MCEDA Executive Director Joseph Deason said
Deason said around 325 acres were originally purchased for the megasite with an option to purchase another 600 acres.
Deason feels this project will do a lot for future economic development and will attract a lot of very big potential businesses.
MCEDA has been closely working with Entergy on the substation that will be built on the site. Ed Gardner, director of economic and business development for Entergy, sees a lot of promise. Entergy plans to break ground in December. Gardner said these types of projects take a lot of time, usually two or three years, and a lot of companies don’t have that kind of time. He is looking forward to this expansion and believes it’ll lead to some really great things for the county.
On Monday, supervisors approved a dimensional variance for buildings located at the megasite that eliminated a low maximum height.
Source: Madison County Journal