The City of Redding announced it has received a $7.9 million grant from the U.S. Economic Development Administration (EDA) to fund critical infrastructure improvements at Stillwater Business Park. The grant will be used to extend Venture Parkway from Parcel 12 to Parcel 16, creating road access to additional parcels slated for future commercial and industrial development.
Why the grant matters for Redding families
Interim City Manager Michael Webb said the funding allows the city to leverage additional resources and accelerate a project that will improve the local economy, create new jobs, and attract outside investment. “Completing this infrastructure will improve our economic position, create opportunities for new businesses and jobs, and help bring outside investment into our community,” Webb explained in the press release.
Stillwater Business Park’s growth trajectory
Stillwater Business Park, located near the Redding Regional Airport, opened in 2010 after more than a decade of planning. After an early period of low occupancy, the park has experienced a surge in activity in recent years. A new Amazon fulfillment facility broke ground about a year ago and opened earlier this year, signaling confidence from a major national employer. The park also hosts Frito‑Lay and Pace Engineering, among other firms.
Rebecca Baer, president and CEO of the Shasta Economic Development Corporation, highlighted the momentum generated by Amazon’s investment. “This EDA investment in Venture Parkway is exactly the kind of strategic infrastructure investment that helps us capitalize on that momentum, opening access to additional land for development and positioning Stillwater to attract the next generation of employers, investment, and high‑quality jobs to Redding and Shasta County,” Baer said.
Project timeline and next steps
The extension of Venture Parkway is not expected to go out to bid or begin construction until next summer, though timelines remain subject to change. City officials will provide updates as the project moves forward, ensuring transparency for residents and businesses alike.
Impact on the community
By improving road access and expanding developable land, the project supports the city’s broader economic development strategy. It aligns with Redding’s goal of fostering a business‑friendly environment that creates well‑paying jobs for local families while preserving the community’s traditional values and strong work ethic.
Local leaders view the grant as a vote of confidence from the federal government in Redding’s long‑term vision. The investment underscores the importance of public‑private partnerships and demonstrates how strategic use of federal resources can empower a city to build a brighter future for its residents.
Looking ahead
As the extension project progresses, city officials encourage community members to stay informed through upcoming public meetings and city communications. The continued growth of Stillwater Business Park promises to bring new employment opportunities, increased tax revenue, and a stronger economic foundation for Redding and the surrounding Shasta County area.
Original reporting: Shasta Scout (Redding) — read the source article.