Falling Branch Corporate Park

About Falling Branch Corporate Park

Falling Branch Corporate Park is a 300 acre business park located along the Interstate 81 corridor in Montgomery County-Christiansburg, Virginia. The park is 10 minutes southeast of the Virginia Tech campus in Blacksburg, Virginia, and within 30 minutes southwest of Roanoke, Virginia. Nearby I-81 interchanges with Interstates 77 and 64 make Falling Branch within a day’s drive of two-thirds of the nation.

In November 2017, the Montgomery County Economic Development Authority (EDA) purchased 125 acres of additional property located directly adjacent to the current EDA-owned Falling Branch Corporate Park.  This additional acreage, now known as Falling Branch Corporate Park Phase II, is perfect for companies looking for sites that are 25 acres or larger.  All utilities are located adjacent to the site and will eventually be extended on-site.

Virginia Tech

Collaborate with Virginia Tech

Virginia Tech uses its internationally known faculty, a broad range of research facilities, and a track record of cooperation across disciplines and organizations to help business and public and private groups worldwide address complex problems and respond to opportunities.

Falling Branch Corporate Park

Virtual Shell Building

The 105,000 sq.ft. Falling Branch Corporate Park Virtual Shell building is “shovel ready” and can be completed on Lot #2 within six months of the execution of a construction contract.

Taxes

Virginia and Montgomery County have competitive, stable tax structures.

Virginia Taxes

Nationally recognized for its conservative fiscal practices, Virginia has one of the fairest and most stable tax structures of the 50 states. Both businesses and individuals carry their share of the tax load. The General Assembly has kept taxes on industry competitive and has eliminated many tax irritants. The state corporate income tax rate, one of the lowest in the nation, has not increased since 1972. Virginia also offers a very modest local tax bill for industry. Items taxed at the state level are not taxed at the local level, with the exception of sales and use tax; and Virginia taxes new and existing industries equally.

Local Taxes

In Virginia, towns are are political subdivision of counties and provide public services in lieu of, or in addition to, those provided by their respective county.  Businesses operating within an incorporated town may be subject to certain county and/or town taxes.

Falling Branch Corporate Park is located within the incorporated Town of Christiansburg.  To view a comprehensive listing of local taxes within this area of Montgomery County, click on the link below:

Utilities and Services

Electric Power:

  • Appalachian Power:  Onsite 138 Kv transmission line & electrical substation with a 20 MVA transformer expandable up to 100 MW.

Natural Gas:

  • Atmos Energy:  4" line onsite (Utility work to meet individual needs).

Water:

Sewer:

Telecommunications:

  • Verizon:  100% digital switching, redudant fiber optic cable onsite, & sonet ring.
  • Citizens Telecommunications: Has fiber within reasonable distance to the park.
  • Ntelos:  Has fiber within reasonable distance to the park.

Industrial Solid Waste & Recycling:

Transportation

Interstate Access:

  • Interstate 81 (1/2 mile):  Direct access to Exit 118A, Parkway Drive
  • Interstate 81/77 Interchange:  36 miles south
  • Interstate 81/64 Interchange: 75 miles north 

Public Transportation:

  • SmartWay commuter stop located within 1/2 a mile of the entrance to the park. 

Rail:

  • Limited rail access within four miles of the park.

Airports:

  • Roanoke Regional Airport (30 miles):  Offers daily commercial passenger air service to Atlanta, Charlotte, Chicago, Detroit, Philadelphia, New York, Orlando, Tampa, and Washington D.C.
  • Virginia Tech-Montgomery Executive Airport (5 miles):  General aviation airport with a 4,550 ft. runway located on Virginia Tech's campus in Blacksburg, w/VFR.
  • New River Valley Airport (30 miles): General aviation airport with a 6,200 ft. runway, w/ILS, served by on-site U.S. Customs Port of Entry and (FTZ).  International flights accepted.

Nearest Ports:

  • Virginia Trade Port (30 miles):  The Port's Customs Officer is avaiable to travel to Falling Branch Corporate Park.  Companies can ship from any foreign location directly to the park, and can inbond ship direct from any port eliminating time delays that often occur at major U.S. ports.

Testimonials

Polymer Solutions Incorporated Ground Breaking (2014)

Backcountry.com Ribbon Cutting (2012)

Contact Us

The Montgomery County Department of Economic Development (MCDED) offers a number of free and confidential services and resources to help companies large and small. We welcome the opportunity to provide direct assistance to companies interested in starting, expanding or relocating a business in Montgomery County, Blacksburg and Christiansburg. Contact us today!