HARRISONBURG, Va -- A piece of property for sale could bring more business to the Valley. The property is ready to be developed and could bring more prosperity to the city.
The property's located at the busy intersection of Interstate 81 and Route 33. The piece of property, known as the quarry property, could help the city of Harrisonburg grow.
That was why Keith May, a broker, and his team are trying to sell it.
“It's our hope that the parcel will be developed in a way that's very positive for the city of Harrisonburg, for the Harrisonburg metro and also positive for the developer, because, we want to make it a win-win possibility for everyone,” said May.
The property sold years ago and city leaders had plans to developed it. Then the recession hit.
Harrisonburg City Council Member Charles Chenault said it has been for sale for about five years and it costs $8 million.
He says the council would be open to any developers with a plan.
“There's a cost to the city, but there's a benefit as well,” said Chenault. “We don't want to put gates up on main streets and keep folks out. We want people to come here, enjoy their lives and contribute to the community.”
The piece of land is right near Interstate 81 and Highway 33 in Harrisonburg where there is already several businesses, so what goes in on the property could add to that.
That was what May and his team hope, that the property will bring more business to the Valley.
“Considering what you get here, it's a nice little bargain,” said May. “Where else can you find 160 acres that's right near Interstate 81 and East Market Street?”
The piece of property is 160 acres. City council members said they are willing to work with anyone who might have a plan for it. They hope a developer would bring a vision for the property to benefit people who live in the Valley.
Potential ideas for the property have included restaurants, housing and businesses.