Lands of Opportunity – New Indiana Industrial Sites

Lands of Opportunity – New Indiana Industrial Sites

The men and women who market Indiana to companies from all over the world are about to get a lot more fuel to stoke their engines. Over the last few months, there have been numerous announcements about new Indiana industrial sites that will soon be ready for business, and pre-existing ones that are making upgrades and expanding their offerings. If the goal is to get a lot more companies to choose Indiana, then these new developments are definitely going to help. Check them out!

 

Site Readiness Projects Advancing in Six Counties

Indiana could well have six new industrial sites soon. Duke Energy’s economic development consultants have selected six Indiana locations to participate in the company’s 2018 Site Readiness Program, which identifies, evaluates, and improves sites for potential industrial development.

The locations include:

  • A 66-acre site near Creek Way and 106th Street in Zionsville (Boone County)
  • A 175-acre site in the River Ridge Commerce Center in Jeffersonville (Clark County)
  • An 80-acre site along State Road 1 near the Interstate 74 interchange at St. Leon (Franklin County)
  • A 200-acre site at the Indianapolis Metropolitan Airport in Fishers (Hamilton County)
  • A 143-acre site along East County Road 400 South near the interchange of State Road 3 and Interstate 70 (Henry County)
  • A 500-acre site inside the Vermillion Rise Mega Park (Vermillion County)

The newly-completed shell building at the Vermillion Rise Mega Park.

“We are eager to contribute resources to help promote economic development, jobs and quality of life for these regions,” said Erin Schneider, director of economic development for Duke Energy Indiana.

A national site consulting firm will evaluate five of the six sites, while Banning Engineering will produce conceptual drawings and site plans. The Franklin County site will participate in a first-time Site Readiness Light Program, which includes the same treatment as the other five sites, but without the evaluation from McCallum Sweeney Consulting. This will then qualify the site to participate in the full Site Readiness Program as early as next year.

Economic development organizations in each location will also receive a check for $10,000 from Duke Energy to help implement the recommendations. After each site’s state of readiness has advanced, Duke Energy’s business development team will strategically market those sites nationwide to companies looking to expand or relocate their operations.

 

New Innovation Park Planned for Angola

The Steuben County Economic Development Corporation (SCEDC) along with the City of Angola and private developers announced plans to create a new tech center called Innovation Park in Angola, IN.

The site, which includes over 100 acres, is located on the southeast location at the interchange of Interstate 69 and US 20 and already includes local utilities and infrastructure. Future plans for this project include a process that is being worked on with Indiana Economic Development Corporation (IEDC) to certify this site as a “Certified Tech Park” location. Much like the Shovel Ready criteria through IEDC, this additional certification allows the community and state to attract projects that have specific needs with technology and infrastructure that Steuben County has in place while gathering additional incentives and resources to offer those projects.

Isaac Lee, Executive Director of the SCEDC stated, “With the availability of dark fiber and other utilities to the site, we are anxious to work with projects that require those key components for their location requirements.”

 

More Fiber in Our State’s Diet

Map of the Park 30 Business Center.

Fiber-optic internet capabilities have long been regarded as an important tool for companies from all different kinds of industries, particularly with the rise of the tech sector in central Indiana and the increasing use of advanced manufacturing techniques. Simply put, it’s a utility that’s going to make business move a whole lot faster.

Whitely County made moves this last spring to augment its network to serve the Park 30 Business Center and additional businesses along the U.S. Highway 30 corridor via a new contract with the Indiana Fiber Network, LLC (IFN). The telecommunications firm expects the new fiber-optic facilities will be complete this summer.

“We have come to realize that for businesses to flourish in Whitley County, broadband internet infrastructure is just as important as other services like water, sewer and roads,” said George Schrumpf, President of the Whitley County Commissioners. “Expanding the county’s fiber footprint will grow the businesses all along the US 30 corridor.”

In other fiber-optic news, the Vermillion Rise Mega Park in Vermillion County received fiber-ready certification from AT&T, boosting the state’s roster of fiber-connected sites. Economic development officials there said the certification will be a “valuable new tool that gives the community a competitive advantage.”

 

AmeriPlex at I-80/90 Growing Again

Rendering of the South Bend Distribution Center II.

Great Lakes Capital has broken ground on a new spec building at the AmeriPlex 80/90 Business Park on South Bend’s northwest side. Planned for the site is South Bend Distribution Center II, a 210,000+ square-foot modern cross-docked warehouse/distribution center. The building is expandable to 378,000 square feet. It features above-average ceiling heights (32’ clear) and flexible layout and an attractive architectural entry with ability to accommodate an interior two-story office. The building features 20 dock doors that could be expanded to 40. It is scheduled to be available in the second quarter of 2018.

Chamber President & CEO Jeff Rea commented, “Nearly 80% of all prospects considering our area last year were looking for an existing building, and we simply couldn’t meet their need. This building fills an important gap in our building inventory and given the interest we’ve seen in this area over the past few years, we believe it will fill very quickly.”

 

Dubois County Site Receives Prime Certification

Map of the 72-acre Mobel property in Ferdinand.

Dubouis County could be getting a new business park soon, now that the 72-acre Mobel property in Ferdinand has received Indiana Site Certified Prime status from the state’s Office of Community and Rural Affairs. Prime is the highest tier in the Site Certified program, meaning it has just about everything a company would need to prosper there.

Ed Cole, president of Dubois Strong, said that the certification was the result of strong collaboration between the town of Ferdinand, the landowner Mobel, Inc., and the Dubois REC. He said, “Dubois Strong has another great asset to market to site selection professionals, an Indiana Site Certified Prime industrial property.”

The site will be listed for sale for $2.4 million. Local officials have said it can be used for mixed-use development, light manufacturing, a business park, warehousing, or distribution.

Category Features, Real Estate