JEFFERSONVILLE (May 18, 2020) – A national developer is constructing a new industrial building at the River Ridge Commerce Center that is expected to bring additional jobs and economic activity to the region.
VanTrust Real Estate recently broke ground on Gateway 700, its newest project at River Ridge. The development is a 702,800 square-foot speculative industrial building that is expected to be completed by the end of this year. It is located on a 50-acre site purchased last year by VanTrust at the intersection of International Drive and River Ridge Parkway.
The Gateway 700 building will include 72 dock-high doors, two drive-in doors, and a minimum clear height of 40 feet throughout the warehouse. It is the second VanTrust development at the River Ridge Commerce Center. The first, a 592,800 square-foot distribution facility, was completed in 2018 and subsequently leased by Ingram Micro.
“We are extremely excited that VanTrust is developing a second facility at River Ridge,” said Jerry Acy, executive director of the River Ridge Development Authority. “VanTrust’s decision to expand its footprint here reinforces the regional and national reputation River Ridge has developed as a preferred site for manufacturing and logistics operations. Pairing VanTrust’s exceptional experience and quality products with River Ridge’s superb location and advantages will make this one of the most sought-after industrial spaces in the nation.”
River Ridge currently is home to more than 60 businesses employing more than 10,000 workers.
“Building on the success of our first venture at River Ridge, we are thrilled to be expanding our footprint with a second industrial warehouse,” said Tyler Ford, manager of development at VanTrust’s Columbus office. “As a rapidly growing area, the Louisville market is an ideal location for a modern and sophisticated building that will attract new business to the region and contribute to its further economic growth.”