While rain continues to slow progress of the 65,000-square-foot spec building under construction at the Tarboro Commerce Center, work is progressing as the superstructure is now up and workers preparing to erect the siding and roof.
“There has been a tremendous amount of interest,” said Oppie Jordan, Carolinas Gateway Partnership vice president. “Once things are back to normal (from COVID-19), I think we will either sell or lease it quickly, and we’re looking to do additional shells after that.”
The metal shell building, while being built at 65,000 square feet, is expandable to 100,000 square feet.
It is being constructed by Trinity Partners, which markets and manages more than 20 million square feet of office and industrial space in the Carolinas.
On its website, Trinity says the building will include 30-foot eaves and a sprinkler system, while the dock and drive-in door counts will be determined by the buyer-tenant.
Trinity also notes there are 70 contiguous acres available for development in the Commerce Center, which is located along U.S. 64 at exit 484.
Earlier this year, Jordan said the target date for completion of the building is August.
The project had its beginnings in September 2019 when the Tarboro Town Council voted unanimously to build the facility, located at the corner of Commerce Center Drive and McNair Road.
On Sept. 16, Carolinas Gateway President and CEO Norris Tolson said the move was already paying off in that Jordan had already received numerous calls about the building.
The deal on this building is that Tarboro conveyed about 18 acres of land in the Commerce Center in exchange for the construction of the building.
Town Manager Troy Lewis told council members that the value of the land is about $270,000 while the property developer would be required to have at least a $2 million total investment in the project.
The town would get its money for the land once the building is sold.
Last summer, Lewis said there is hope that ancillary business for larger projects planned for Tarboro, such as Corning and Triangle Tire, would locate in Tarboro, making the spec building more marketable as it already would be completed sans customization.