Officials representing the Northeast Alabama AgriCenter said Friday that construction of the facility has already resulted in an economic boost of almost $1.5 million for the area, resulting in a huge number of jobs in the construction business and other fields already.
During a groundbreaking ceremony at the AgriCenter last September (2009) – Congressman Robert Aderholt said the studies indicated that the center could show an economic benefit of some $8 million in its first year alone.
Hopes are that the AgriCenter – which is located in Rainsville – could be an economic boon to the entire Northeast Alabama area.
The 43-acre project includes a 71,300 square-foot climate controlled arena, capable of seating 3,800 people with a 200-stall stable and a warm-up arena, as well as an RV park, picnic areas and a 2-acre lake.
The facility will provide venues for agriculture, entertainment and community events.
Officials are now seeking approximately $800,000 in federal funding, to use toward installation of solar panels in the AgriCenters construction – the Sand Mountain Electric Cooperative and the Tennessee Valley Authority recently launched a joint project offering cost-saving incentives to local facilities that embrace green energy efforts.
These efforts would serve to help put the building in compliance with the anticipated passage of the 2020 energy bill and would position the AgriCenter to potentially serve as a pilot facility, and serve as a blueprint for how similar buildings should be constructed in the region.
Construction on the facility is reportedly 35 – 40% complete – with bookings already in place for October of this year (2010).