River Ridge Economic Impact on Southern Indiana Surpasses $3 Billion in 2024

Annual Analysis Shows $138.2 Million in New Private Investment, Providing Support for over 19,400 Jobs in the Region

Jeffersonville, IN (April 14, 2025) – The River Ridge Development Authority (RRDA) released its economic analysis for 2024, showcasing another landmark year of growth, infrastructure improvements, and community impact. River Ridge Commerce Center continues to serve as an economic engine for Southern Indiana, generating more than $3.04 billion in economic impact and supporting 19,471 regional jobs.

“Our commitment to developing River Ridge is ultimately about driving meaningful growth and benefiting Southern Indiana residents,” said Dr. Treva Hodges, Mayor of Charlestown and President of the RRDA Board of Directors. “The investments we make in infrastructure, job creation, and business recruitment are shaping the future of our communities.”

One of the more significant developments in 2024 was Meta’s acquisition of a portion of River Ridge’s mega site in the Jeffersonville part of the Commerce Center, spanning over 600 acres. Meta announced an initial investment of $800 million to establish a cutting-edge data center, marking a transformative step in the region’s economic growth. The facility is expected to create approximately 100 permanent operational jobs at an average wage of $36.00 an hour, while continuously generating approximately 1,250 construction jobs throughout its development.

River Ridge also remains committed to modernizing infrastructure. In 2024 alone, RRDA invested $6.7 million in new roads and another $8.9 million in improved utilities, ensuring the Commerce Center remains a competitive destination for businesses of all sizes.

“These infrastructure improvements are a foundation for future investment,” said Jerry Acy, River Ridge Executive Director. “By prioritizing long-term development, we are ensuring that River Ridge continues to attract world-class companies and high-quality jobs.”

Communications Test Design Inc., CTDI, a global leader in engineering, repair, and logistics, expanded its operations into a new facility at the north end of River Ridge in Charlestown. This expansion represents a significant investment in the region, bringing additional job opportunities and reinforcing River Ridge’s reputation as a hub for advanced technology and logistics.

Toby Booker, General Manager of Corporate Social Responsibility at CTDI, highlighted the importance of their partnership with the River Ridge Development Authority, stating:

“The River Ridge Development Authority continues to provide the resources, expertise, and forward-thinking approach that are critical to the growth of CTDI. Expanding into multiple buildings within River Ridge was a strategic decision driven by its unparalleled infrastructure, seamless logistics, and commitment to sustainability. Their ability to support innovation aligns perfectly with CTDI’s vision for a more connected future. We are proud to grow our partnership with such a dynamic and supportive organization.”

Overall, River Ridge had a banner year with private construction investments topping $138.2 million, adding approximately 3.9 million square feet of commercial and industrial space. River Ridge has maintained a high level of activity, drawing 95 requests for proposals and hosting 25 on-site visits from prospective businesses considering the park for future investment.

River Ridge’s economic contributions also extend to state and local governments, with business activity generating $49.4 million in tax revenue and wages from these operations and contributing $933.9 million in total labor income.

A summary of Policy Analytics’ report for 2024 includes the following highlights:

• The River Ridge Commerce Center produced $3.04 billion in economic output throughout Southern Indiana.
• Business activity generated $49.4 million in total tax revenue for state and local entities.
• Businesses that call River Ridge home expanded their employment footprint to include 19,471 jobs.
  • 12,675 employed individuals onsite; and
  • 6,796 regional jobs supported.
• RRDA continued to expand infrastructure, providing $6.7 million in new roads and another $8.9 million in improved utilities.
• Private construction of $138.2 million in 2024 is estimated to bring an additional 3.9 million square feet once completed.

“The success of River Ridge is a success for all of Southern Indiana,” added Acy. “We are building not just an industrial park, but a thriving, dynamic community that offers opportunity for businesses and families alike.”

The full 2024 RRDA Annual Report can be accessed at www.riverridgecc.com/annual-report.