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Haven other Transpark-type projects been successful financially?

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Haven other Transpark-type projects been successful financially?

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Generally no. The North Carolina Transpark is a black hole of $120 million sunk with hardly any tenants. The only industrial parks that succeed already have a strong business or industrial base, such as Huntsville, AL with a significant federal government presence. Bowling Green has no such base, and with competitive industrial land available, ITA will find it hard to sell property in the Transpark.

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