Developer exits $750 million deal for nearly 500 acres at New River Valley Commerce Park
News ClipWSLS·Dublin, Pulaski County, VA·10/13/2026
New River Valley LLC has allowed its contract for nearly 475 acres at the New River Valley Commerce Park to expire, ending a proposed $750 million development deal. The land is now back on the market, and the project would have been the largest development in the park's history.
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Gov: Virginia's First Regional Industrial Facility Authority
New River Valley LLC walked away from a contract covering nearly 475 acres at the New River Valley Commerce Park in Dublin, Virginia. The agreement with Virginia's First Regional Industrial Facility Authority expired Oct. 5 after years of negotiations.
The $750 million proposal would have represented the largest development deal in the commerce park's history. With the contract ended, the authority is again marketing the property for development.