River Ridge Development Authority Approves Investments
(photo courtesy River Ridge Development Authority)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowMore infrastructure improvements are on the way for Jeffersonville’s River Ridge Commerce Center. The River Ridge Development Authority has approved $2.6 million in investments for infrastructure improvements at the 6,000-acre park.
Plans call for investing over $315 million over the next two decades to finish infrastructure improvements to prepare land for development. Work approved during the last monthly meeting include:
- A $52,200 contract to Strand Associates Inc. for Phase II of the Gateway Gravity Sewer project. The project includes surveying, engineering design, permitting, bidding and construction administration. It will provide a wastewater collection system for the initial phase of River Ridge’s new Class A business park, the Gateway Office Park. The system also will facilitate development of the first new office building there, currently under development by Hollenbach-Oakley.
- A $149,529 contract for Duke Energy to re-route existing power lines along Eighth Street on the North End of River Ridge near Charlestown to accommodate the reconstruction of Eighth Street, which will be the primary entrance into that area of River Ridge. The lines will be permanently located underground.
- A $1.6 million construction contract to Temple and Temple Excavating and Paving Inc. to extend Jacobs Way.
- A $794,416 construction contract to Excel Excavating Inc. for Phase II of the Lewman Way road project.
The new sections of road will connect to the park’s transportation network and will offer several access options for new buildings under construction. River Ridge Development Authority Executive Director Jerry Acy says the new roads, sewer and water improvements will lead to new growth.
“River Ridge is home to more than 50 businesses and nearly 10,000 jobs, and we are continuing to invest in the infrastructure needed to bring the next 10,000 jobs to Southern Indiana,” Acy said. “Our facilities and location provide lots of opportunities for growth, if we do the things we must do to support job-creating businesses that help our communities grow.”
An economic impact study conducted for 2018 found River Ridge businesses generated over $39 million in local and state revenue.