On Monday, Governor Andy Beshear highlighted the continued momentum of the commonwealth’s site development efforts with the announcement of two new Build-Ready locations in Lyon County, putting the area in a position for future economic success.
A release from the Governor’s office says the sites, located at 1000 Industrial Park Road in Eddyville Industrial Park and publicly owned by Eddyville Riverport and Industrial Development Authority, add to the state’s growing list of the property certified by the Kentucky Cabinet for Economic Development as Build-Ready. These sites are reportedly available statewide for companies looking to locate in the commonwealth and start construction and operations quickly.
According to the release, Site A includes 20 to 80 acres within the Eddyville city limits at the Eddyville Industrial Park, and Site B consists of 8 to 20 acres within the same industrial park. Officials say the Eddyville Industrial Park itself has 106 acres available for development. The Site A property sits only half a mile from I-69 and four miles from I-24. Additionally, the property is five miles from Eddyville Riverport, with a rail spur on-site. The Eddyville Industrial Park is also only 35 miles east of Barkley Regional Airport in Paducah.
It’s reported the utilities include an 8-inch gravity sewer line that services the site, as well as the availability of a 10-inch waterline that runs along the south side of U.S. 62. The excess water capacity of the property is reportedly 850,000 gallons per day at the site. Both sites also offer electric, gas and fiber internet utilities.
With a Build-Ready site, much of the work — aside from construction — has already been completed. That includes controlling the land to be developed, completing archaeological, environmental and geotechnical studies, constructing a building pad, finishing preliminary design work, obtaining approved site plan permits, and putting the necessary infrastructure in place. On a Build-Ready site, construction can begin immediately.
To be Build-Ready certified, the governor’s office says a site must include a pad ready to accommodate a building of 50,000 square feet with the ability to expand to 100,000 square feet or more — and utilities extending to the site’s edge. Applicants – usually a city, county, or economic development group — must have previously filed the necessary permits, as well as preliminary building plans, cost estimates, and schedule projections. Applicants also are asked to provide a rendering of a potential building for the site.
Including the new sites in Eddyville, the commonwealth is home to roughly 23 Build-Ready sites, while multiple other locations across the state are currently working toward certification.
