LOUISVILLE, KY – The Pizzuti Companies have broken ground on a 236,324 square foot speculative warehouse in the heart of River Ridge Commerce Center in Jeffersonville, Indiana. The warehouse will be developed on a 14-acre site conveniently located off Highway-62 with excellent interstate access and highway visibility.
Located less than 15 miles north of Louisville, the strength of the market has driven large build-to-suit projects in this area, including developments for notable companies such as Amazon, Facebook, T-Mobile, Niagara, and Ryder.
Designed for both single and multi-tenant users, the state-of-the-art building provides great flexibility to modern logistics users; featuring 36-foot clear heights, up to 40 dock doors, 57 trailer spaces, 211 car parking spaces, and LED lighting throughout.
“Our company has focused on industrial development for the last 40 years, having developed more than 60 million square feet across the country,” said Joel Pizzuti, President and Chief Executive Officer of The Pizzuti Companies. “We are excited to take on another project in Louisville market and provide new speculative space to answer the area’s growing demand.”
Pizzuti’s developments span the United States as far west as Phoenix, across the Midwest, and throughout the southeast, with offices in Columbus, Chicago, and Nashville. Their client list includes a variety of industry leaders, such as Whirlpool Corporation, PetSmart, Home Depot, DHL, Walmart, Goodyear, Nationwide and Caterpillar.
“Attracting investment from a powerhouse like Pizzuti is a huge win for the community and shows great momentum for 2024,” said Jerry Acy, Executive Director of the River Ridge Development Authority. “The growth and current success of our Commerce Center sends signals to other interested businesses that Southern Indiana is the right location for high-wage, high-skilled operations. We congratulate Pizzuti on this fantastic news and thank them for considering River Ridge for this investment.”
CBRE will provide leasing services for the new development. For leasing information, contact Kevin A. Grove (502.412.7615, kevin.grove@cbre.com), or Alex P. Grove (502.412.7655, alex.grove@cbre.com).
The General Contractor will be AML Construction, who has vast experience in the park. Architectural services will be provided by Ware Malcomb, and Civil Engineering will be provided by American Structurepoint. Protective Life Insurance Company will provide construction financing. Pizzuti would also like to extend special thanks to the River Ridge development team for their tireless work throughout the project, specifically Josh Staten, Marc Hildenbrand, Tom Vittitow, and Jerry Acy.