River Ridge Projects Pushing Ahead
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowDevelopments in and around River Ridge Commerce Center in Jeffersonville are progressing. America Place is wrapping up construction of its second large industrial building. Also this week, the Jeffersonville City Council approved a funding measure allowing a heavy-haul road connecting River Ridge to the Port of Indiana-Jeffersonville to move forward.
America Place says it is turning its attention to new development and construction on its campus, including the recent purchase of an additional 52.5 acres. The developer has already begun construction on its third building at River Ridge.
Last month, America Place announced plans to invest an additional $100 million in River Ridge over the next several years. In an interview on Inside INdiana Business Television, marketing executive Keith Starling said the center’s infrastructure and accessibility as well as re-shoring by U.S. employers is driving its increased investment.
The transportation corridor between River Ridge and the port is a $33 million being funded by the center, Clark County, the ports and state and federal sources. Clark County and the Indiana Department of Transportation are pitching in a total of nearly $14 million toward the project. River Ridge is investing $7 million, while the Ports’ share is about $2.5 million.