Davidson’s Design Review Board on July 18 approved the design for MSC Industrial Direct Co.’s planned six-story, 180,000-square-foot “co-headquarters” off I-77 Exit 30 in Davidson.
MSC, based in Melville, N.Y., is a national distributor of industrial and metalworking supplies. The company announced June 20 that it would move key operations to the new building in the Harbor Place development, north of the Homewood suites.
A site plan for the project also has been approved by planning manager Ben McCrary, who certified that it was in keeping with a previously-approved master plan for the Harbor Place area.
The Town Board in June gave its approval to a 90-percent, five-year property tax refund, which was among a package of $14 million in state and local incentives that helped lure MSC to town.
Based on preliminary estimates of the value of the planned project, the tax refund could total about $98,000 annually ($486,000 over five years), according to town officials.
The company would be required to meet targets for creating the new jobs. Town officials said the remaining 10 percent of taxes would cover the town’s costs, such as providing police and fire service. After the five years, the town would reap 100 percent of the taxes, an estimated $108,000 a year.
MSC hopes to break ground this fall on the first building. The company has told town officials it also plans a second 180,000-square-foot building and a parking garage.
Town Manager Leamon Brice said MSC is hoping to complete construction on its Davidson building by July 2013. Groups of MSC employees from Melville have already begun visiting the area to explore housing and schools.
RELATED COVERAGE AND DOCUMENTS
June 26, 2012, “Board OKs budget, MSC incentives”
June 20, 2012, “MSC Industrial plans ‘co-HQ’ at Exit 30, up to 400 jobs”
Architect’s rendering of the MSC building design (PDF)
Site plan for MSC at Harbor Place in Davidson (PDF)