Snapshot, Pulaski County, Kentucky 2021-2022 | Page 13

BUSINESS

RIVER RIDGE COMMERCE CENTER
The River Ridge Commerce Center is the Midwest region ’ s premier business and industrial park located on 6,000 prime acres centrally located in Southern Indiana .
Whether seeking a megasite opportunity , manufacturing location , or stunning office campus , River Ridge is an economic development engine for an evolving and diverse workforce . The park is located in a scenic setting within one day ’ s drive of 60 percent of the U . S . population .
River Ridge has attracted investment from regional , national , and international developers who have constructed state-of-the-art industrial facilities , including new construction in 2020 on the first Class A office building at the Gateway Office & Research Campus .
Immediate proximity to the Louisville , Ky ., metropolitan area provides
PORTS OF INDIANA
A WORLD-CLASS OHIO RIVER PORT WITH A HEART OF STEEL The Port of Indiana-Jeffersonville is one of the most modern maritime facilities on the Inland Waterways System and a leader in advanced cargo handling , steel processing and international shipping services .
Opened in 1985 , the port has 27 companies and handles over 2.4 million tons of cargo per year by water , rail and road . The port offers warehousing , distribution and manufacturing facilities in close proximity to a busy waterway system . Open year-round , the Jeffersonville facility provides domestic barge service as well as international access to Europe , the Middle East , Asia and South America via transshipments with ocean vessels in the Gulf of Mexico .
The Port of Indiana-Jeffersonville is operated by the Ports of Indiana , a statewide port authority managing three ports on the Ohio River and Lake Michigan . Established in 1961 , the Ports of Indiana is a self-funded an exceptional and affordable quality of life . Access to outstanding higher education , parks , quality housing and a renowned arts community are at your fingertips . Ready access to multiple major interstates , the Lewis and Clark Bridge , UPS Worldport , Class I rail , and the Port of Indiana-Jeffersonville makes River Ridge the right choice for companies relying on logistical resources .
River Ridge is the location of choice for over 60 companies occupying over 14 million square feet of warehouse , administration , manufacturing , and distribution space .
Growth at River Ridge is expected to continue as additional infrastructure improvements continue to strengthen the Commerce Center ’ s logistical operations .
enterprise dedicated to growing INdiana ’ s economy by developing and maintaining a world-class port system .
KEY FACTS ABOUT THE PORT OF INDIANA-JEFFERSONVILLE
• The port has 1,087 acres of land and 3,200 feet of riverfront with 300 acres available for development , including a 140- acre greenfield site close to the riverfront .
• Increased 10-year annual shipment from 1.7M to 2.6M
• Port companies provide steel and aluminum processing for the auto , appliance and construction industries , including slitting , pickling , galvanizing , blanking and storage / distribution to customers throughout the Midwest .
• Barges offer businesses the ability to transport 1,000 truckloads of cargo with one towboat using four

3,000

ACRES AVAILABLE FOR DEVELOPMENT
Approximate Acres at River Ridge : 6,000 Number of acres sold to date : 1,330 + New building space construction to date : 14 million square feet Building construction planned for 2021 : 1 million square feet Federal / state funded infrastructure in 2020 : $ 0 River Ridge-funded infrastructure investment to date : $ 140 million 2021 planned infrastructure improvements : $ 18 million Total other investment : $ 510 million
ECONOMIC INPUT TO THE LOCAL ECONOMY IN 2020

$

2.5 10,500

BILLION JOBS

times less fuel and producing 10 times fewer emissions than trucks .
• Operating Foreign-Trade Zone # 170 , the port is zoned heavy industrial and offers large parcels for companies that move cargo by rail and barge .
• Rail service is provided by CSX , Norfolk Southern , Louisville-Indiana Railroad with 24-hour onsite switching by MG Rail .
• A road-rail corridor made possible by a state-local partnership will connect the port to the east-end bridge and 6,000-acre River Ridge Commerce Center .
• The port recently added one new port company to the metals segment
• Port-Jeff is constructing a new high-speed barge loading operation that will add 600k tons of direct transfer capacity from either truck to rail or barge .
SOURCE : Ports of Indiana
SOURCE : River Ridge Commerce Center
TOTAL ANNUAL ECONOMIC IMPACT

12,137 JOBS

$ 1.8 BILLION

Total value of economic activity

$ 4 MILLION

Annual business revenue

$ 96 MILLION

Total state and local taxes

$ 292.9 MILLION State and Local purchases

$ 624.9 MILLION Total personal income

2021-2022 snapshot | a special publication of the News and Tribune
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