Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Lowe’s Plans Roanoke County, Virginia, Warehouse-Distribution Hub

02/14/2022
Lowe’s Companies will invest $11 million to locate a warehouse and distribution center at Valley TechPark in Roanoke County, Virginia. The project is expected to create 70 new jobs.

The new 60,000-square-foot distribution warehouse will position the company to more quickly and efficiently deliver products to consumers in the region as the 5G revolution takes hold and revolutionizes online commerce and delivery logistics, company officials said.

“We’re on the cusp of great leaps in logistics and the delivery of consumer goods enabled by the roll-out of 5G and IOT technology,” says Jim Cherney, Founder and CEO of Cherney Development. “To realize the full benefits this provides, we need physical infrastructure in place and I’m proud to work with Samet Corporation and Roanoke County Economic Development who helped pave the way to make that possible right here in the Roanoke Valley.”

Site developer Cherney purchased the 8.45-acre plot of land in the TechPark in January 2021 as a site for warehouse and distribution development and has since been working to bring a national brand to Roanoke County.

“I’m thrilled to see this project come to life,” says Jill Loope, Director of Economic Development for Roanoke County. “There has been a lot of interest in logistics projects over the past year and Cherney’s partnership with Samet has paved the way for the Lowe’s project, bringing new jobs and investment to the County. I hope to see more innovative partnerships like this in the future as we work together to achieve successful economic outcomes.”

Share

Exclusive Research