Plans are moving forward to make the WillowTree development a reality in Albemarle County.
The Board of Supervisors approved the performance agreement and financial plans to support WillowTree moving from Charlottesville to the old Woolen Mills factory in Albemarle County. The county is expected to invest around $800,000 in the project, along with $1 million for public infrastructure.
WillowTree announced last month that the app-developing company would relocate and expand into Albemarle County. WillowTree has developed apps for companies such as Pepsi, Time Warner, Regal Cinema, and more.
The move is expected to bring 200 new jobs to Albemarle County. Officials from the company said during the announcement that the Charlottesville area is better than places like New York and California in terms of quality of life, cost, schools, and its access.
“We’re dedicated to growing ourselves in the state of Virginia and Albemarle County,” said CEO of WillowTree Tobias Dengel at the announcement on August 27.
The Woolen Mills site for WillowTree is expected to generate more than $110 million annually for the local economy.