CGP Development announced Wednesday that a new industrial park will be privately developed in Lewis County along I-79 at the Jane Lew exit.
The 73-acre park already has potential tenants, both in the oil and gas industry and in other diversified arenas, said Lewis County Economic Development Authority Director Doug Parsons.
"To have private entrepreneurs invest in a project of this size is an endorsement of the business climate in Lewis County," Parsons said in a news release. "This land at the Jane Lew exit of I-79 will open new jobs and business opportunities for the entire region."
Lewis County has seen a boon from the oil and gas industry in the last few years, becoming an operational hub for many companies involved in Marcellus Shale development. Lewis County now has the third lowest unemployment in the state after Monongalia and Jefferson counties.
CGP Development and its partners have a long history of successful enterprises in real estate development in North Central West Virginia - including many retail and industrial buildings, Parsons said.
Along with the new industrial park, the land around the Jane Lew on I-79 is also a thriving home to Chesapeake Energy, Superior Well Services and manufacturers such as Viking Pools and Tamarack Log Homes.
"Developable land is difficult to find in West Virginia, but we are blessed to have some outstanding opportunities in Lewis County," Parsons added. "Several companies have moved into the region in past 36 months, and we look forward to working with others as they find a home here."