Holly Springs Business Park

About the Holly Springs Business Park


Located in the world-renowned Research Triangle region, the Holly Springs Business Park offers prospective businesses 5-50 acres of shovel ready land.

Adjacent to N.C. 55, this prime property is within three miles of Triangle Expressway for direct access to Raleigh-Durham International Airport and the Research Triangle Park. Both are less than 30 minutes away.

Business Park Brochure

Site Information



Wake County Shovel Ready Site*

Size: 5-50 acres 
Zoning: Planned Unit Development (PUD)
Designated as Foreign Trade Zone
Airport: 22 miles to Raleigh-Durham International

Utilities


Gas: PSNC Energy
Telecom: CenturyLink; Clarity Communications; Level 3 Communications; Time Warner Cable
Electricity: Duke Energy provides 230kV transmission line / 23kV distribution system
Sewer and Water: Town of Holly Springs

Shovel Ready Sites



Wake County Shovel Ready Sites have been through a series of rigorous tests and include the following documentation:
  • Business/industrial use zoning designation
  • Phase 1 environmental audits
  • Geotechnical studies
  • Topographical analysis and maps 
  • Aerial photography
  • Availability of public utilities
  • Water system extension engineering design
  • Sewer system extension engineering design
  • Industrial quality infrastructure
  • Engineered site development plans
  • Detailed analysis of development costs
  • Complete information on pricing
  • Boundary survey
  • Wetlands delineation map
  • Archeological findings
  • Rare/endangered plant and/or animal report
  • 100-year flood evaluations


About Foreign Trade Zones


Holly Springs Business Park was granted a Foreign Trade Zone Status on December 30, 2003.

A foreign-trade zone is a designated site licensed by the Foreign-Trade Zones (FTZ) Board at which special customs procedures may be used. These procedures allow domestic activity involving foreign items to take place prior to formal customs entry. Duty-free treatment is accorded items that are re-exported and duty payment is deferred on items sold in the U.S. market, thus offsetting customs advantages available to overseas producers.

If your company is engaged in manufacturing and/or global trade, locating in a Foreign Trade Zone can improve your cash flow and save you money through:
  • Deferred Duties: You pay no customs duty or excise taxes while your merchandise is kept in the FTZ, and there is no time limit on how long it can stay.
  • Duty Exemptions on Re-Exports: You pay no customs duty or excise taxes on your product if it is exported from the U.S.
  • Inverted Tariff Relief: The lower duty applies when you bring foreign merchandise into our FTZs and manufacture a product with a lower duty rate.
  • Domestic Content Exemption: Duties apply only to foreign content of your product manufactured in the FTZ.
  • Local Ad Valorem Tax Relief: Foreign merchandise stored in the FTZ is exempt from state and local ad valorem taxes.
  • No Duty on Defective or Rejected Components

Click here for more information about the Foreign Trade Zone #93.