Duke Energy Chooses Properties for Site Readiness Program
The company is establishing its headquarters at the River Ridge Commerce Center. (photo courtesy River Ridge Commerce Center)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowDuke Energy (NYSE: DUK) has chosen four Indiana properties for its 2021 Site Readiness Program to prepare the parcels of land for development. The utility says the four properties are located in Carroll, Clark, Posey and Tippecanoe counties.
Duke Energy Indiana President Stan Pinegar says the program identifies high-potential sites and partners to develop strategy to prepare the land for various industrial projects. Duke works with Banning Engineering and Site Selection Group to find the sites and then collaborates with local leaders. Each site will receive up to a $10,000 grant to help attract projects.
“Attracting jobs and private-sector investment in the communities we serve is a high priority for Duke Energy. We’re excited to partner with local and regional leaders in Carroll, Clark, Posey and Tippecanoe counties to help them gain a competitive edge by preparing shovel-ready sites for prospective employers,” said Pinegar.
The four sites:
- Carroll County – JNT Industrial Site – The JNT Industrial Site is situated on approximately 90 acres of rail-served property located in the geographical center of Carroll County. This site has adjacent municipal utilities and provides access to State Road 218.
- Clark County – River Ridge Commerce Center – Charlestown H2 Property – The River Ridge Commerce Center business park is located in the Louisville metro area and adjacent to the Port of Indiana on the Ohio River in Jeffersonville, Indiana. The 6,000-acre park can accommodate projects ranging from 3 acres to 1,500 acres with rail options.
- Posey County – Poseyville 50 Property – Posey County is becoming a center for advanced manufacturing, including plastics and plastics derivatives, bio and life sciences, and advanced logistics in southwest Indiana. The Poseyville 50-acre property is located off Interstate 64 and just miles from Interstate 69, with frontage road access along State Road 165. The property currently has utilities on site, including electric, natural gas, water and sewer, and is an attractive site for light industrial manufacturers.
- Tippecanoe County – Purdue Research Park Aerospace District – The Purdue Aerospace District of West Lafayette is ideally situated for high-tech aerospace companies to grow their businesses and collaborate on research and opportunities with Purdue University. The 150-acre site is one of few in the country that resides next to a world-class research institution and houses an active airport adjoining property that can support public and private aerospace research facilities.
So far, Duke has worked to help establish 38 properties that won 11 major projects since the program began in 2013.