ELBERFELD, Ind. (Inside INdiana Business) – Construction of a 100,000-square-foot shell building in the North Warrick Industrial Park is underway. The Warrick County Redevelopment Commission, together with Success Warrick County and Newburgh-based Woodward Commercial Realty, held a groundbreaking ceremony Wednesday morning to kick off the project.
The commission says the building is part of a current expansion of business at the industrial park that will bring jobs to northern Warrick County.
“The industrial segment of the real estate market currently has demands for existing high-quality properties easily customized to specific needs and uses,” said Evan Beck, president and managing broker for Woodward Commercial Realty. “The demands are to deliver a finished product in a much shorter timeline than developing a property from scratch to meet the ever-changing global business climate.”
The commission says the surrounding lots also provide space for a future tenant to expand their operations and customize the facility.
“An industrial shell building allows us to responds to companies and projects looking to land in Southwest Indiana immediately as we work to bring projects, investment and quality jobs to our community,” said Steve Roelle, executive director for Warrick County Economic Development.
The industrial park is home to tenants such as North American Lighting and Pepsi.