Economic Development

The Town of Boones Mill is a GREAT place to do business! Our strengths include:

• Central location between Roanoke and Rocky Mount
• 37,000 vehicles per day on U.S. Highway 220, which VDOT designates as a highway of statewide significance for interstate commerce (with no traffic issues)
• Low taxes and real estate costs
• Potential tax breaks and development incentives
• Supportive and well-managed town government
• Excellent water quality and water pressure provided by the Western Virginia Water Authority
• Excellent and well-maintained sewer system provided by the Western Virginia Water Authority
• Served by the Boones Mill Police Department
• Served by the Boones Mill Fire Department
• Served by Franklin County Public Safety

The Town owns a 50-acres of developable land on one parcel and the Town Economic Development Corporation owns an adjacent 10 acre parcel which is available for potential purchase and development. The town-owned property includes truck/rail access, water/sewer, broadband internet services, a hiking trail, and 250,000-gallon water tank (not currently is use). It also includes an existing pond with kayaking/canoeing/fishing opportunities surrounded by an ADA-accessible walking trail.

The map below is only a concept, put together by Town staff, of how the properties could be developed.