NCRR Options Program Aims to Boost Industrial Site Readiness
“Speed to market is critical for businesses, and site control is a key factor in meeting that demand,” said NCRR Chief Commercial Officer Trish Haver. “NCRR’s Options Program addresses a significant market gap by helping local governments and economic development organizations (EDOs) secure land for future industrial use. This initiative not only unlocks opportunities for grants and other resources but also ensures that sites are rail-ready and competitive, positioning communities for economic growth.”
The Options Program will be available for local governments and EDOs to assist with site control. Along with NCRR’s suite of economic development programs, the Options Program will “help streamline the process for site identification, due diligence studies, development, and marketing to expand the pipeline of rail-ready sites.”
“NCRR is dedicated to enhancing North Carolina’s competitiveness on a national scale,” said NCRR President and CEO Carl Warren. “By stewarding economic development programs that create a pipeline of shovel-ready sites, we are facilitating economic growth and attracting new businesses to the state.”
By addressing gaps in the market and expanding site readiness efforts, the Options Program, the private railroad company says, “strengthens NCRR’s position as an economic catalyst for North Carolina. The addition of this strategic property acquisition initiative builds on NCRR’s mission to foster economic growth through rail infrastructure and site development.”
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