Cathy Dyson writes about King George County.
Latest on Harris Teeter
This week, the county’s Board of Supervisors and Economic Development Authority are finalizing their latest negotiations with Harris Teeter Inc.
The North Carolina grocery announced a year ago that it plans to build a 500,000-square-foot food distribution center in the county’s industrial park. Those plans have been postponed by the economic downturn, and the county is giving the company until October 2010 to do its due diligence studies, said Nicole Thompson, King George’s economic development director.
The county gave King George its seventh extension in December and finalized negotiations this week to extend the period until the fall.
The county also asked Harris Teeter to pay $200,000 to extend negotiations. That money will go to the Taylor family, who owns the 100 acres for the center and plans to sell the land to the county when plans for the warehouse are finalized.
The grocery company also agreed to pay the landowner $2,083 per month starting in January, for each month that passes before it closes on the property.