logo
Tazewell secures funding for first phase of Clinch River Pavilion and Farmers Market project

Tazewell secures funding for first phase of Clinch River Pavilion and Farmers Market project

Yahoo4 days ago

tazewell, va. — The popular farmers market in Tazewell will soon have a new and permanent home.
The town of Tazewell has been awarded a $296,500 grant from the Virginia Tobacco Commission for the first phase of the Clinch River Pavilion and Farmers Market project. This project will provide a new home for the Tazewell Farmers Market while also providing a new option for community events and economic growth.
The farmers market is currently located off Fincastle Turnpike at the first Tazewell exit, but the new location will provide consistency for the market as well as shelter from rain and other weather, Tazewell Town Manager Leeanne Regon said.
'So the town council has agreed to allocate funds to match the Tobacco Commission award,' Regon said Tuesday. 'The town council has allocated the same. Without the tobacco commission awards we would not have funding to do this first phase. So the first phase will be site development and construction of the pavilion. And when it is not in use by the farmer's market, it would be available for other events.'
Regon said the Cumberland Forest Community Fund also has awarded a $15,000 grant to the town to construct a river walk area near the rear of the Clinch River Pavilion and Farmers Market property.
The new farmers market is planned at the site of the former bowling alley in North Tazewell. That location has already undergone significant improvements with the removal of the dilapidated structure and site remediation, which was completed through funding provided by the Virginia Department of Environmental Quality's Brownfields program.
Regon said the development is a work in progress, adding the town is looking at the possibility of acquiring a pre-fabricated facility for the shelter. She said Delegate James W. 'Will' Morefield, R-Tazewell, and Senator Travis Hackworth, R-Tazewell, are both backing and supporting the project on the state level.
The town is hoping that the new Clinch River Pavilion & Farmers Market will serve as a catalyst for a second project — the North Tazewell Business District Revitalization. Regon said the town has received a planning grant from the Virginia Department of Housing and Community Development for that project which will allow for facade improvements for the properties in the business district as well as the redevelopment of a commercial property that is being transferred to the town of Tazewell's Industrial/Economic Development Authority.
'We would welcome just about any business,' Reagon said when asked what type of business would be sought for the redeveloped commercial property.
Regon said the town will seek a Community Development Block Grant in the future from the Department of Housing and Community Development for the business district revitalization plan.
Contact Charles Owens at cowens@bdtonline.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tariffs, Not Free Markets, Are JD Vance's ‘Tool'
Tariffs, Not Free Markets, Are JD Vance's ‘Tool'

Wall Street Journal

time11 hours ago

  • Wall Street Journal

Tariffs, Not Free Markets, Are JD Vance's ‘Tool'

Matthew Hennessey gets the better of Vice President JD Vance in arguing that the market isn't a tool (Letters, May 29). Mr. Vance tries to support his proposition by citing that FDR directed the automobile industry to build the arsenal of democracy. That effort, however, isn't an example of 'operationalizing' the market. The president used government as a tool to override the market, and the private sector responded. Mr. Vance writes that President Trump has also 'leveraged access to America's markets' to get 'fairer treatment from foreign partners' on trade, illegal immigration and illegal drugs. But that isn't using markets as a tool, either; it's coercively regulating markets to get the president's desired results. Parenthetically, do Messrs. Trump and Vance really believe Canada's government can substantially reduce the amount of fentanyl passing through its border with the U.S., which at 43 pounds in fiscal 2024 was 0.2% of the volume seized along the U.S.-Mexico border?

Daldrup & Söhne Full Year 2024 Earnings: Revenues Beat Expectations
Daldrup & Söhne Full Year 2024 Earnings: Revenues Beat Expectations

Yahoo

timea day ago

  • Yahoo

Daldrup & Söhne Full Year 2024 Earnings: Revenues Beat Expectations

Revenue: €54.8m (up 9.6% from FY 2023). Net income: €2.49m (up 180% from FY 2023). Profit margin: 4.5% (up from 1.8% in FY 2023). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 8.5%. Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Energy Services industry in Europe. Performance of the market in Germany. The company's shares are up 1.9% from a week ago. Before we wrap up, we've discovered 2 warning signs for Daldrup & Söhne that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Crypto's Most Watched Whale Gets Fully Liquidated After Placing Billions in Risky Bets
Crypto's Most Watched Whale Gets Fully Liquidated After Placing Billions in Risky Bets

Yahoo

timea day ago

  • Yahoo

Crypto's Most Watched Whale Gets Fully Liquidated After Placing Billions in Risky Bets

James Wynn, the trader whose risky moves on Hyperliquid captivated crypto watchers this month, has been fully liquidated. He ended a volatile month with just $23 left in his account, according to HyperDash data. Wynn built his reputation and following by placing massive, leveraged on-chain trades across bitcoin BTC, PEPE PEPE, and other tokens. His downfall began with a $1.25 billion long position on BTC that unraveled as prices dropped below $105,000 amid growing geopolitical uncertainty. That trade alone cost him more than $37 million after fees. The trader briefly pivoted to memecoins like PEPE, where one long position initially gained over 10%, before market swings liquidated him again. Over the course of the month, Wynn cycled through assets including ETH, SUI, TRUMP, and even FARTCOIN. His trades at one point saw him achieve an unrealized gain of $85 million. An account associated with Wynn on X commented on the liquidation and dismissed the losses. 'I'll run it back, I always do. And I'll enjoy doing it. I like playing the game,' the account wrote on X. 'I took a large and calculated bet at making billions.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store