A 500-acre site inside the Vermillion Rise Mega Park in Vermillion County is among five Indiana projects receiving hep from a nationally recognized site consultant courtesy of Duke Energy.
Strategic Development Group has presented its recommendation to officials in five counties as part of Duke Energy’s 2018 Site Readiness Program.
The presentations are designed to help each group maximize economic development efforts. Along with the site consultant’s recommendations, Duke Energy has awarded a $10,000 grant to each organization to help implement the recommendations.
In addition to the Vermillion County site, the locations include:
• A 66-acre site near Creek Way and 106th Street in Zionsville (Boone County)
• An 80-acre site along State Road 1 in Brookville (Franklin County) near the Interstate 74 interchange at St. Leon
• 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)
The Site Readiness Program identifies, evaluates and improves sites in the company’s service territory for potential industrial development.
“Duke Energy is excited to work with these economic development groups as they move forward to implement the consultant’s recommendations,” Erin Schneider, director of economic development for Duke Energy Indiana said in a news release. “We know from experience that our Site Readiness Program is a valuable tool to help these organizations attract jobs and capital investment.”
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.
Ideal properties for Duke Energy’s Site Readiness Program are typically 40 acres or larger, served by the utility, or a vacant industrial building of at least 20,000 square feet identified to support renewed industrial growth and sustainable development in a community.
The Vermillion Rise Mega Park is a 7,155-acre industrial/business development site about 14 miles north of Clinton. For more on Vermillion Rise, visit its website at http://www.vermillionrise.com/.
