Forsite closes on first phase of ReVenture Park property
Published: March 16, 2011
Time posted: 2:37 pm
Tags: Carolina Thread Trail, Catawba Lands Conservancy, Forsite Development, ReVenture Park, Tom McKittrick
Charlotte-based Forsite Development said Tuesday that it has closed on 304 of the 667 acres that ReVenture Park is slated to encompass.
The company, which is developing the eco-industrial park project, made the announcement Tuesday.
Also Tuesday, Tom McKittrick, Forsite’s president, also said he is working with the Catawba Lands Conservancy on a 185-acre conservation easement along Long Creek basin that can connect the Carolina Thread Trail to the U.S. National Whitewater Center.
The North Carolina Wildlife Federation has certified ReVenture Park as a Wildlife and Industry Together site.
ReVenture Park will include a power plant, which will convert Mecklenburg County’s trash to energy; solar fields; incubator labs; and research and development facilities, among other things.
Once developed, ReVenture is expected to generate more than $900 million in investment and create more than 1,000 jobs.
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