The Tazewell, Virginia BDO Zone for Woody Biomass is rated ‘A’.
Rating Issue Date: August 24, 2023.
‘A’ ratings denote high prospective viability of Feedstock Supply and Infrastructure and low expectations of default risk in the Zone. Capacity to support new biobased plant operations is considered strong.
Feedstock quantities are expressed in green tons per year (gt/yr), while feedstock costs are expressed in USD ($). Maximum transport distance is based on a 75-mile driving distance from the center point (Tazewell, VA)
Tazewell County and surrounding counties in Virginia possess attributes favorable to biomass-based project development. The region is crisscrossed by well-maintained primary and secondary road networks. Secondary and tertiary roads in the forested areas northwest of Tazewell are particularly well-developed owing to the history of coal production in the region.
The Bluestone Business Park, situated in Tazewell County, Virginia, presents a compelling array of advantages that makes it an attractive investment opportunity in the region. The park’s land use flexibility is one of its key benefits. Although there is no zoning, the restrictive covenants contained in the deeds ensure that development aligns with the park’s intended use and vision. This guarantees an environment conducive to business growth, as well as preservation of the park’s integrity.
The mixed-use development offers 180 acres specifically for a Business Park, with several pre-graded sites ranging from 3 to 12 acres, offering businesses flexibility in choosing the site that best fits their needs. Additionally, a readily available 40,000 SF speculative building expands the park’s capacity to accommodate businesses seeking immediate occupancy. Bluestone’s strategic location offers robust connectivity. Positioned on US 460, a 4-lane divided highway, it grants direct access to I-77 within a 15-mile radius, making logistics and transport convenient. The park’s proximity to the prestigious Virginia Tech campus, within 1.5 hours, further enhances its appeal, potentially facilitating collaborations with academia and access to a pool of skilled graduates.
o Utility providers such as Appalachian Power
o Point Broadband
o Tazewell County Public Service Authority
Contact Info
The Bluestone Business Park is part of the Virginia Enterprise Zone (VEZ) program enabling businesses located in the park with various local and state incentives, contributing to cost-effective operations.
The Tazewell BDO Zone is also located within two federal opportunity zones: 51185020200 and 51185020600.
The Tazewell BDO Zone was funded by the US Department of Agriculture (USDA) through a Rural Business Development Grant (RBDG). The “Advancing the Bioeconomy in Virginia” Initiative’s primary focus is on business development and job creation through the conversion of waste wood to jet fuel. These efforts are led by the ATIP Foundation, in partnership with Ecostrat, Cumberland Plateau Planning District Commission (CPPDC), The Center for Risk Management of Engineering Systems at the University of Virginia (UVA), Commonwealth Center for Advanced Logistics Systems (CCALS), and Virginia Coalfield Economic Development Authority (VCEDA).
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