Vast available acreage and a strategic location in the U.S
mid-Atlantic region make Tanglewood a choice location for
industrial, manufacturing, retail and service industries. Ample and
varied transportation, skilled, affordable labor and proximity to
major deepwater ports create an unmatched environment for success.
Location And Population: Tanglewood is strategically located
in Northeast North Carolina, midway between New York and Florida and
just west of Elizabeth City, a picturesque community on the
Intracoastal Waterway. The property is 45 minutes from Norfolk and
Virginia Beach, Virginia, which are part of the country's 31st
largest MSA and home to 1.5 million people. Regional population is
342,428. Raleigh, the state capital of North Carolina, with a
population of 276,093, is 167 miles to the west. The Outer Banks of
North Carolina, with 40,800 residents and 7 million visitors each
year, is a 45-minute drive.
Highways: The new four-lane U.S. 17 Bypass, a highway around
Elizabeth City, divides Tanglewood into two large land masses and
links the property with population centers in Virginia and
throughout North Carolina.
Frequently traveled U.S. 17, used by more than 8,030,000 vehicles
per year (North Carolina Department of Transportation
- www.ncdot.org),
provides highway access to Interstates 64, 95 and 85. The
region offers same-day trucking service to over half the nation's
consumer and industrial markets.
Air Transportation: Commercial service is available through
Norfolk International Airport (www.norfolkairport.com), a 45-minute drive from Tanglewood.
Elizabeth City Regional Airport (www.airnav.com/airport/KECG), just eight miles away, can
accommodate helicopters, Lear Jets and 747s.
Rail
Service: The Chesapeake and Albemarle Railroad has
15,000 feet of frontage along the property. A bulk transfer facility
and an additional rail spur through the middle of the four 500 acre mega-industrial sites are proposed. Railroads serving
the area are Norfolk
Southern (www.nscorp.com)
and Chesapeake and Albemarle Railroad
(www.ncrailways.com).
Shipping: The Port of Virginia offers rail access to
Tanglewood, as well as Foreign Trade Zone. The Port of Virginia
(www.vaports.com)
also offers three of the world's largest and fastest container
cranes and 30 miles of on-dock rail. A deepwater barge site is
within two miles of Tanglewood, with direct access to the
Intracoastal Waterway and Atlantic Ocean.
Labor: The region's civilian labor force consists of more
than 148,500 people. Wage rates in this right-to-work state are
extremely competitive. Employers report low turnover and
absenteeism. Highly educated and skilled workers are attracted to
the relaxed and desirable lifestyle. Visit the North
Carolina Employment Security Commission (www.ncesc.com)
for more information.
Education And Training: North Carolina's community college
system (www.ncccs.cc.nc.us)
provides customized training and development services to new
and expanding businesses. Several four-year colleges and
universities in neighboring communities support workforce training
with many technical and degree programs.
Broadband Access: A high-speed fiber optic backbone is being
installed between Norfolk, Virginia, and Wilmington, North Carolina,
running directly through the region surrounding Tanglewood. Fiber
will be available for lease at very competitive rates and will allow
businesses considerable flexibility in selecting private service
providers.
Regional Sales Totals: Gross retail sales in the
Northeast Region were $3,776,370,995 for the 2000-2001 fiscal year.
Business Incentives: The State of North
Carolina (www.nccommerce.com), the
Albemarle
Economic Development Commission (www.albemarleedc.com)
and North Carolina's Northeast
Partnership for Economic Development (www.ncnortheast.com)
offer significant new business incentives. Our team will
help you access the most attractive financing package possible
through cash grants, low-interest loans, equity memberships, tax
credits and innovative financial arrangements. Also visit the Small
Business And Technology Development Center (www.sbtdc.org).