Foley Awarded $3.3-Million Seeds Grant To Acquire Industrial Park

A 121-acre parcel on the Foley Beach Express will become Baldwin County’s newest industrial development property as a joint project by the City of Foley, Baldwin Alliance and the State Industrial Development Authority. Foley will buy the property near the southwest corner of the intersection of the Foley Beach Express and Baldwin Beach Express. The State Industrial Development Authority approved a grant of $3.3 million for part of the purchase price. The grant is through the state’s Site Evaluation Economic Development Strategy (SEEDS) program. The acquisition will bring economic development and jobs to the area. For Foley, the fastest-growing city in Alabama and the seventh-fastest-growing city in the United States, this investment helps meet the growing demand for development-ready industrial sites in the city.