Deals would bring industrial developments and medical research headquarters
The River Ridge Development Authority (RRDA) approved resolutions to allow Executive Director Jerry Acy to negotiate five agreements for the sale of nearly 125 acres within the River Ridge Commerce Center (RRCC) to industrial or commercial prospects. Four of the five parcels, which represent a record number of potential transactions for a single month, are located in Charlestown.
"These are exciting days in the city of Charlestown," Charlestown Mayor Treva Hodges said. "For decades we've heard, 'It's coming.' With today's action by the RRDA we can now say, 'It's here!'"
“To start a year off with this much interest and land sales activity from developers and future employers is unprecedented,” Acy said. “We said throughout 2021 that our pipeline of potential projects is stronger than ever. That fact is evidenced here with five potential projects that would lead to hundreds more high-quality jobs at the River Ridge Commerce Center.”
“We are excited that regional and national partners continue to see the wisdom in locating at River Ridge, and we look forward to working with these new companies as they make new homes at River Ridge," Acy said.
The summary of the resolutions are as follows:
- Sale of approximately 43.49 acres at Highway 62 and Jim Lewis Avenue in Charlestown. The potential purchaser would construct an industrial facility consisting of approximately 600,000 square feet.
- Sale of approximately 41.66 acres at Highway 62 and Miami Trail in Charlestown. The potential purchaser would construct an industrial facility consisting of approximately 600,000 square feet.
- Sale of approximately 19.15 acres in the vicinity of Miami Trail in Charlestown. The potential purchaser would construct an industrial facility consisting of approximately 290,000 square feet.
- Sale of approximately 19.13 acres in the vicinity of Miami Trail in Charlestown. The potential purchaser would construct an industrial facility consisting of approximately 200,000 square feet.
- Sale of approximately 1.5 acres on Jacobs Way in Jeffersonville. The potential purchaser plans to construct a research and development headquarters for a medical device company. The size of the building has not been determined.