Bowling Green, Ky. (December 2, 2014) - Today, Lt. Governor Crit Luallen, the Inter-modal Transportation Authority (ITA), officials from Warren County and the City of Bowling Green, along with members of the Bowling Green Area Chamber of Commerce celebrated the announcement of Kentucky's first location to offer two new Build-Ready Sites at the Kentucky Transpark.
"Build-Ready is intended to give communities an advantage in attracting new businesses," said Lt. Gov. Luallen. "Any company that visits these sites knows that it'll be able to begin construction almost immediately, drastically shortening the time it takes to be operational. This is a major selling point, and we expect these designations to generate even more economic interest in Bowling Green."
Build-Ready sites are designed to meet the unique needs of today's businesses. With Build-Ready sites, much of the background work is already completed, and companies have the freedom to begin construction in a short time frame. According to state specifications, Build-Ready sites have community control of the land to be developed, a prepared building pad (prepared ground/soil/environmental studies), completed preliminary design work, approved site plan permits and necessary utility and transportation infrastructure in place. The long lead times for determining if a site can be used are eliminated and a structure can be placed immediately. The Transpark sites are only the second and third sites state-wide that have met these qualifications.
Not one, but two sites totaling 33 acres located just across from Bowling Green Metalforming on highway 68/80 have met Build Ready qualifications. Lot 4B features a pad ready to accept a 108,000 square foot building on 22 acres, with expansion pre-approved to 216,000 square feet and up to 432,000 square feet with an additional Detailed Development Plan filing. Lot 4D is prepared for a 60,350 square foot building with pre-approved expansion to 120,700 square feet. Electric, water, sewer and gas are already routed to the property lines, with fiber optic available as well. The Transpark is also home to the only CSX Select Site in Kentucky for top-tier rail freight capabilities.
"The Kentucky Transpark has been a leading example of economic development and convenience for emerging business," stated Gary Dillard, ITA Chairman. "Build-Ready sites are another asset to the Transpark providing prospective companies with a potential location. We look forward to welcoming a new corporate citizen to the region and to the Kentucky Transpark."
"We are proud to announce the South Central Kentucky region's first two Build-Ready Initiative sites will be located here in the Kentucky Transpark," stated John Mark Fones, Chairman of the Bowling Green Area Chamber of Commerce Board of Directors. Fones noted that, "Companies looking to locate in South Central Kentucky now have not one, but two turn-key land options right here designed with success in mind."
The Transpark has seen great success in recent years. Over the next 10 years, the Transpark is projected have a $3.6 billion economic impact on South Central Kentucky. As of October 2014, the Transpark employed more than 1,400 South Central Kentucky residents, contributing over $78 million in payroll to South Central Kentucky families. The past year alone has seen the addition of 350 new positions, and more are slated before year end.
"Bowling Green has flourished with the advancements made at the Kentucky Transpark, and because of programs like this, we can give even more back to our citizens by proactively helping move business to the region," stated Mayor Bruce Wilkerson.
The Kentucky Transpark offers tenants access to rail service and major highways and is in close proximity to Interstate 65, international airports and the Owensboro Riverport.
"There really is no better place to do business than South Central Kentucky," stated Judge Executive Michael Buchanon. "Having a state-of-the-art business park gives companies that choose to locate here a place to thrive. Taking the steps to ensure our sites have this special designation makes for more choices and a faster turnaround bringing new jobs and new business to our hometown."
For more information on the Kentucky Transpark and the Build-Ready sites, contact Bowling Green Area Chamber of Commerce President and CEO, Ron Bunch, CEcD at email@example.com or (270) 781-3200.
Learn more about South Central Kentucky's advantages at http://www.southcentralky.com
About the Intermodal Transportation Authority (ITA):
Incorporated in 1998, the ITA is a non-profit corporation that operates as an agency of Warren County and the City of Bowling Green to design, promote, and construct the multi-modal industrial park in Warren County known as the Kentucky Transpark. The Transpark's 900 plus acres located in Bowling Green is home to Kentucky's only CSX Select Site, and has received numerous state and national level awards for economic development and environmental protection including the County Courthouse Award and the LG&E Energy Community Award for Innovation. With on-site Technology Training Centers and a new I-65 access corridor in construction, new growth will propel a $3.6 billion economic impact on the region over the next ten years.
About the Bowling Green Area Chamber of Commerce:
Incorporated in 1935, the Bowling Green Area Chamber of Commerce is a 5-Star Accredited Chamber by the U.S. Chamber of Commerce and was named the 2009 Chamber of the Year by the American Chamber of Commerce Executives. As the fourth largest chamber in Kentucky, the Chamber serves as a premier business advocate for its more than 1,200 partners and is the driving force for economic development in South Central Kentucky. Its primary goals are to promote growth and success in the business community, reaching its small business partners and those in large industries alike. With leadership programs, governmental relations projects, educational initiatives and involvement opportunities, the Chamber aims to support the community and its neighbors in order to enhance the business climate and continue to grow the region.
Contact: Kim Phelps
Director, Communications and Public Policy