Despite ongoing financial challenges, Radford city officials are pointing to signs of economic stabilization and potential growth opportunities, while acknowledging significant hurdles ahead.

A long-dormant industrial site in Radford is getting new life through a multimillion-dollar revitalization project that could bring more than 1,000 jobs to the New River Valley region.

The City of Radford hopes a recent purchase can help stimulate economic development after the city bought industrial land they believe will attract large businesses to the area.