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Galax City Council, the Grayson County Board of Supervisors and the Blue Ridge Economic Development Authority have entered into a revenue-sharing agreement for the Blue Ridge Crossroads Commerce Park.
The 26-acre site, formerly known simply as the Hampton property, is located partly in Galax and Grayson County. Development at the site, to prepare it for tenants, has been ongoing for nearly a decade.
The new agreement sets Galax and Grayson as partners in the project with 1,500 shares each and calls on BRCEDA to assist in managing the project.
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