ROANOKE, Va. – The City of Roanoke has secured a $1 million award from the state’s Industrial Revitalization Fund to support the redevelopment of the old Walker Foundry site. This grant will help fund a mixed-use development featuring fresh food venues, wellness services and affordable housing.
The property, formerly owned by Walker Machine and Foundry, was the heart of Roanoke’s Norwich community for nearly a century.
In August 2024, Greg Kakness and Foundry Realty purchased the remaining assets of the Walker Machine and Foundry, which included multiple industrial buildings and approximately 12.5 acres of land that sit next to the Roanoke River Greenway. The purchase was finalized in April 2025…