The River Ridge Commerce Center grew employment, expanded development and generated increased economic output in 2019. These and other key findings are detailed in an Economic Impact Analysis conducted by Policy Analytics. (The full report is available at www.riverridgecc.com.) In 2019, the Commerce Center produced an estimated total of $2.5 billion ...
Category: Sites & Buildings
June 30, 2020katia
Reprinted with permission from the Louisville Business First: https://www.bizjournals.com/louisville/news/2020/05/18/massive-development-set-for-50-acre-river-ridge-si.html A national developer is bringing another huge project to Southern Indiana. The River Ridge Development Authority said Monday that Kansas City-based VanTrust Real Estate LLC has broken ground on Gateway 700, a 702,800-square-foot speculative industrial building, that should be ready for tenants by year's end. The ...
May 28, 2020katia
JEFFERSONVILLE — Business at River Ridge Commerce Center continues amid the coronavirus pandemic, the River Ridge Development Authority board of directors approved a land sale for a new development. The board of directors unanimously approved a resolution authorizing Jerry Acy, executive director of River Ridge Development Authority, to negotiate the sale ...
April 30, 2020katia
TDAK Development has announced plans to construct another “spec” building at Seymour’s East Side Industrial Park. At the March 23 meeting of the Seymour City Council, TDAK was granted 10-year abatement for the construction of a 60,000 square foot building, estimated to cost $2.5 million. Andy Royalty, president of TDAK, hopes to ...
March 31, 2020katia
Reprinted from Louisville Business First Jim Karp is one of the most active investors in the 6,000-acre River Ridge Commerce Center, which stretches from Jeffersonville to Charlestown in Southern Indiana. He’s also become a bona fide ambassador of the massive business park, preaching the merits of River Ridge to anyone who will listen. But Karp ...
February 26, 2020katia
When Devin Hillsdon-Smith left his job in Indianapolis and headed down the interstate to the River Ridge Commerce Center last year, the avid backpacker realized he had chosen to take a less traditional path than most lawyers, but he knew the destination would be worth it. He saw the vision for River ...
February 26, 2020katia
Decatur County REMC and the Greensburg Decatur County Economic Development Corporation recently hosted representatives from leading data center site location advisors, Biggins Lacy Shapiro (BLS), to review the Business Enterprise Park off of I-74 Frontage Road as a potential “Data Center Ready” accredited site through the Hoosier Energy Data Center ...
February 3, 2020katia
On February 3, One Southern Indiana (1si) announced that Niagara Bottling, LLC’s intends to expand its bottling facility on Logistics Avenue in the River Ridge Commerce Center. The company is investing approximately $37 million in the project, including construction and equipment costs, which will expand two existing lines to accommodate ...
February 2, 2020katia
On November 18, the River Ridge Development Authority approved refinancing existing debt used to complete infrastructure at the commerce center, along with taking on additional debt to ready more sites for development. The board approved refinancing about $35 million in debt incurred over the past six years for improvements such as ...
December 3, 2019katia
In works for nearly a decade, board approves official transfer of land for public use The River Ridge Development Authority gave final approval on Monday to the transfer of 106 acres at the commerce center to the city of Charlestown. “We are happy to finally make this gift of land to the ...
September 27, 2019katia