Huntington Municipal Development Authority

The Huntington Municipal Development Authority promotes, develops and advances the business interests of the City of Huntington and its citizens. The Municipal Development Authority also owns KineticPark, a 96-acre business park located along W.Va. 10, just minutes away from downtown Huntington.

The Municipal Development Authority meets on the third Monday of every month at 4 p.m. in City Council chambers at City Hall.

For more information contact HMDA Executive Director Cathy Burns at [email protected], Associate Executive Director Lisa Riley at [email protected] or call 304.696.5540 ext. 2335.


KineticPark

KineticPark is located approximately one-tenth of a mile north of Interstate 64 along W.Va. 10. The location is within three miles of Cabell Huntington Hospital, St. Mary’s Medical Center, Marshall University and downtown Huntington.

Available Property

Currently, Lot 7 (2.182 acres) and Lot 15 (2.254 acres) are for sale. Click here to view plat surveys for each.

 Lot 5 (2.044 acres) - Click here to view

Current Tenants:

  • Taco Bell
  • Bob Evans Restaurant
  • TownePlace Suites by Marriott
  • Hampton Inn
  • Goldy Jeep-Chrysler-Dodge
  • AMP Gymnastics
  • Sullivan Webb Accounting
  • Huntington Dermatology
  • Eric D. Ford, DDS General Dentistry
  • Huntington Pediatric Dentistry & Orthodontics
  • Amazon Call Center
  • Fairfield Inn & Suites by Marriott
  • Goldy Mitsubishi

Also, located near KineticPark is a Marathon gas station and convenient mart, Wendy’s, Arby’s and two hotels.

Access / Ingress / Egress

Access to KineticPark is easy. Travelers from I-64 will proceed north about half a mile on W.Va. 10 to the entrance of KineticPark. There is a traffic signal at the intersection of W.Va. 10 and the entrance. Travelers then proceed about a quarter mile west and north.

Average daily traffic counts on I-64 near Kinetic Park are approximately 45,000.


Proximity and Convenience to Demand Generators

KineticPark offers excellent location convenience to the primary demand generators in Huntington. It is within three miles of the largest and most consistent demand generators in in the market: Cabell Huntington Hospital, St. Mary’s Medical Center, Marshall University, and I-64 through-travelers. It is also the first quality lodging node along I-64 to service demand emanating from the Tri-State Airport and the VA Hospital.

Utilities

  • Electricity—Appalachian Power
  • Gas—Mountaineer Gas
  • Water—West Virginia American Water
  • Sewer—Huntington Sanitary Board
  • Telephone—Frontier
  • Broadband Service—on site with 100% redundancy

Opportunity Zones

Opportunity Zones were created by the federal government in 2018 and provide tax incentives for investors to ignite development within three eligible Census tracts within the City of Huntington.

Click here to view a map of the three Census tracts

Purpose: Investors will benefit by deferring capital gains on investments within the Opportunity Zones.  Also, any new business created within an Opportunity Zone is exempt from corporate and personal income tax for 10 years. The state Opportunity Zone is separate from the federal Opportunity Zone and does not require an opportunity fund to be created.

More information about Opportunity Zones:

West Virginia Opportunity Zones Pitchbook

https://www.irs.gov/credits-deductions/opportunity-zones-frequently-asked-questions#general

https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx

https://westvirginia.gov/opportunity-zones/