Duke Energy selects sites for economic development efforts
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Plainfield-based Duke Energy Indiana has selected three properties in Hamilton, Hendricks and Putnam counties to be included in its 2022 Site Readiness Program. The initiative, now in its 10th year, helps to prepare business and industrial sites for economic development investments.
“Through this initiative and many others, we work hand in hand with local and regional partners to bring new jobs and capital investment to the communities we serve,” said Duke Energy Indiana President Stan Pinegar.
Through the program, Duke Energy identifies high-potential sites and partners with county officials and local economic development professionals to develop a strategy for getting the sites fully ready to market.
As part of the project, Duke Energy markets the properties nationwide to companies looking to expand or relocate their operations to Indiana.
The 2022 Site Readiness Program locations include:
Hamilton County – Innovation Mile
A 77-acre tract in Noblesville adjacent to nearly 300 acres designated as Innovation Mile. The city wants to develop the property, near I-69, to develop advanced manufacturing, life sciences companies and financial services.
“This is going to be a very sought-after location for those seeking new construction, and we appreciate Duke Energy’s help to further market the site and attract new companies to Noblesville,” said Andrew Murray, economic development director for the city of Noblesville.
Hendricks County – Avon Logistics Center
Avon Logistics Center is adjacent to Avon Rail Yard, and near Indianapolis International Airport, FedEx and UPS hubs. It is the first major large-scale industrial development in Avon.
Putnam County – Harrold Farm Site
The Harrold Farm Site is situated on approximately 100 acres in central Putnam County, just north of Greencastle Enterprise Park I. Local economic development officials tout the sites existing infrastructure and rail connection.
“We are grateful for the Site Readiness Program and the Duke Energy economic development team for providing us with the knowledge and tools needed to promote our sites to help bring new businesses and industries to our community,” said Kristin Clary, executive director of the Greencastle/Putnam County Development Center.
In Indiana alone, Duke Energy has helped prepare 41 properties that resulted in 16 development projects.
The utility says those projects resulted in 5,500 new jobs and $5.3 billion in capital investment for the state.