MONTGOMERY— Gov. Kay Ivey has awarded a $250,000 grant to help bring new commerce and jobs to the town of Hayden.
The Community Development Block Grant funds will be used to provide infrastructure required for High Tide Oil to construct a 24-hour travel center and fast-food restaurant off exit 284 off Interstate 65 in Blount County. The combined businesses will employ 30 people.
“As Hayden looks to more commercial growth from Interstate 65, this grant will help the city prepare necessary road improvements to accommodate an important new business,” Gov Ivey said. “I commend the town of Hayden for their hard work in pursuing this beneficial project which will create new local jobs.”
The Moody-based High Tide Oil plans to invest around $5 million in building the travel center and Krystal restaurant on the west side of I-65 at the intersection of Alabama Highway 160 and Skyline Drive.
CDBG funds will be used to widen and create turning lanes at Skyline Drive to provide safe access to the new business and potential future businesses.
The Alabama Department of Economic and Community Affairs is administering the grant from funds made available by the U.S. Department of Housing and Urban Development.
“ADECA is pleased to join Gov. Ivey in this project that is being built and owned by an Alabama-based company and will provide an economic boost for the town of Hayden,” ADECA Director Kenneth Boswell said.
Gov. Ivey notified Hayden Mayor Larry Armstrong that the grant had been approved. The town has pledged $121,731 in local funding for the project.
ADECA administers an array of programs supporting law enforcement and traffic safety, economic development, energy conservation, water resource management and recreation development.
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