Hayestone Brady Business Park
The Stephens County Development Authority purchased 425 acres from four local families in 1997 to create the Hayestone Brady Business Park. The SCDA and local leaders secured $10 million in federal funding in 2005 to fund infrastructure improvements and a public-private partnership with the Rooker Corp. added a $3 million spec building to the site in 2007. About 100 acres remain available for development.
The Hayestone Brady Business Park has been named a Georgia Ready for Accelerated Development (GRAD) site by the Georgia Allies, a public-private partnership focused on economic development marketing.
The Toccoa business park is one of only 29 designated sites in the state. GRAD sites have gone through an extensive application and review process to show that they meet the strict requirements of this program.
To qualify for GRAD status, available sites have been submitted by a local community or economic development organization to the Allies and reviewed by a third party. Categories of due diligence and review include minimum acreage (50), ownership security, zoning designation, road and rail accessibility, utilities service, and wetlands and stream delineation. Preparing available sites for industrial development with advance due diligence is the work behind the Georgia Ready for Accelerated Development (GRAD) Sites Program, established by the Georgia Allies. See Georgia GRAD Site Maps
In an ongoing effort to make the county more attractive to industrial developers, the SCDA voted n 2013 to file an application with the state to make the business park on Highway 17 and an adjacent property an enterprise zone. The links below will provide additional information.
The SCDA is responsible for the recruitment of new businesses including industrial, manufacturing, distribution, corporate and regional headquarters and customer service centers. It also provides support and assistance with all other types of economic development projects.
The SCDA also works with existing businesses and industries to ensure their continued success. While recruitment of new industry is a significant function, aiding in existing industry expansion and retention is just as significant. About 80 percent of all new jobs in Georgia come as a result of existing industry expansion.
Georgia Work Ready
State Tax Credits
Opportunity Zone Tax Credit
Freeport Tax Exemption
Training and Education
Grants & Other Finance Options
Drugs Don't Work
A couple of years ago, the Stephens County Development Authority informed us that we were located in an Opportunity Zone which qualified us for tax credits that were applied to our GA payroll taxes for adding new employees. We were able to realize these savings. We are thankful to our local development authority for making sure that we were taking advantage of all the tax credits available to us.-
From the beginning of our interest in moving to Toccoa-Stephens County, the Stephens County Development Authority made regular trips to our office to make sure we are adjusting to our new home and acclimated to the community resources in Stephens County. They provided a wealth of information on Georgia Business Incentives and tax incentives specific to Stephens County. They introduced us to many connections in Stephens County. We now are well connected with the Department of Labor and attend their monthly meeting and after SCDA's help with some paperwork we have taken advantage of GDOL's Incumbent Worker Program. The Development Authority also shared their long list of local vendors with us and we were able to find our utilities provider, an insurance agent, a computer technician and research local CPAs. Basically, the SCDA is our go to. If we can't figure it out or just need some guidance on an issue we don't hesitate to pick up the phone and call. We definitely appreciate the Stephens County Development Authority's efforts to make Toccoa a great place to do business. They truly make us feel welcome and appreciated in Stephens County!-