River Ridge approves next round of development
Dec. 20, 2016
Louisville Business First
A multimillion-dollar plan to develop the "front door" of the 6,000-acre River Ridge Commerce Center off a new Interstate 265 interchange in Southern Indiana could make serious headway next year.
The River Ridge Development Authority has awarded the contract for phase three of the River Ridge Gateway project. The $4.7 million phase will be led by Jeffersonville-based MAC Construction & Excavating Inc. and includes landscaping, asphalt trails, rock walls, water features, water pump systems, an amphitheater, an island pedestrian bridge, soil preparation, irrigation and well construction for the Gateway lake area, according to a news release.
[Shown here is the Gateway development near the new East End Bridge at the River Ridge Commerce Center. IT includes a 300-acre office park, a lake and green space.] Enlarge
Shown here is the Gateway development near the new East End Bridge at the River Ridge… more
RIVER RIDGE DEVELOPMENT AUTHORITY
"As the New Year draws near and we look back on 2016, we have made tremendous progress, initiating and overseeing approximately 30 new construction and demolition projects," River Ridge executive director Jerry Acysaid in the release. "Our investments in new infrastructure is essential for River Ridge to fulfill its mission. With a projected 20 new projects for 2017, we will continue to lead the way in economic growth and opportunities for the entire region.”
Over the summer, I reported that River Ridge was marketing a 300-acre parkwithin the development that could be divided into smaller parcels and sold to developers who want to bring office developments to the mostly industrial River Ridge.
The office development will be enhanced by 16 acres of community green space, including a five-acre lake that will double as a regional stormwater retention tool.
The Gateway project also includes an extension of Patrol Road and construction of River Ridge Parkway. The parkway's route will be shaped in large part by how a roughly 1,500-acre megasite development at River Ridge is used. The plan also calls for secondary roads to be constructed as River Ridge is developed, along with sidewalks, multi-use trails, a neighborhood park and potential corporate headquarters.
The Gateway development will be enhanced by a new heavy haul road that connects River Ridge from Ind. 62 to the new I-265 interchange near the Lewis and Clark Bridge.
The previous two phases of the Gateway development cost about $13.7 million and are still under construction. Much of the work in previous phases was focused on roadwork within the park.
River Ridge also approved the following development projects during its Monday meeting:
Lift station and force main: This project includes the furnishing and installation of a 1 million gallon-per-day wastewater pump station and construction of accompanying force mains to service the Gateway site. The contract was awarded to Lykins Contracting at a cost of $2.6 million.
Utility extensions: This project includes installation of new water mains and utility conduits for electrical and telecommunications services that will benefit companies within the Gateway development . The contract was awarded to Richardson Contracting Inc. with a bid price of $284,957.
Above-ground storage tank salvage and demolition project: This project includes the salvage and demolition of approximately 49 above-ground storage tanks located on the northern part of River Ridge. Estimated cost of this project is $170,000, awarded to Wooldridge Construction.
River Ridge is a former U.S. Army ammunition plant that has sold more than 1,000 acres for industrial development.