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Franklin Plaza is located in the center of the
Roanoke Valley of Virginia which is recognized
nationally having earned its standing as one of the
10 best places in the US to raise a family. The
combination of its education, superior quality of
life and its business environment has contributed
towards the Roanoke Valley to be ranked as one
among the "three best small cities in the South"
according to Money Magazine. With an
emphasis on advanced technology, a skilled
workforce provides the foundation for continued
growth of this region. As a result of a business
climate engineered to support productivity and
profitability, Roanoke has attracted industry
leaders such as General Electric, ITT, Norfolk
Southern, Kroger Company, IBM, New York Life,
Wachovia Bank and Allstate Insurance Company. This
business friendly environment has the attention of
manufacturers of transportation-related equipment,
fiber optics and related electronics,
telecommunication companies, food processing,
plastics and other industries as well. Since
1992, nearly sixty relocations and expansions to
Roanoke accounted for over $570 million in
investment representing over 7,300 jobs. In 1999,
Koyo Steering Systems of USA announced plans for a
$38 million plant, and Innotech, a division of
Johnson & Johnson, has announced it will build
a $125 million visions products plant. After
extensive site searches, other companies which have
selected Roanoke include Maple Leaf Foods, First
Citizens Bank, Dynax America, York International
and Fleetwood Homes. Located
mid-way between New York and Atlanta, a central
location allows easy access to Roanoke by
Interstates 81, 64 and 77 and by jet. The Roanoke
Regional Airport is served by 4 major airlines,
Delta, United, Northwest and US Airways. Nearly 100
arrivals and departures per day include non-stop or
direct jet service to 15 major airports, 7 of which
provide routine international connections.
This
location has excellent exposure to Interstate 581.
The central business district (CBD) of Roanoke is
typical of many central business districts, in that
most of the structures are quite old, and the city
blocks are densely developed. Many of the buildings
were originally developed with storefronts at
street level, and residential or office use above.
Many of these buildings have, in the more recent
past, undergone renovation. With more
than 280,000 people living in the Roanoke Valley,
it is the largest metro area in western Virginia
and serves as the commercial, medical, cultural and
retail center for a population of more than
1,000,000. In addition to prime real estate, low
costs, a strong labor pool, low crime, arts and
culture, this region also offers professional and
college sports teams coupled with outstanding
outdoor recreation. |