Sky's The Limit For River Ridge

Posted: Updated:
JEFFERSONVILLE -

As the River Ridge Commerce Center in southeast Indiana nears a decade of redevelopment work, the sprawling development is closing in on a major milestone: 10,000 employees. The former U.S. Army ammunition depot covers more than 6,000 acres along the Ohio River in Jeffersonville and Charlestown and is home to a diverse mix of more than 50 companies, including Amazon.com Inc. (Nasdaq: AMZN). But Executive Director Jerry Acy, who notes that only about 20 percent of the property is developed, says growth is a long way from over. "The objective of the organization is to replace all of the lost economic activity when the ammunition plant shut down," said Acy. "And at the height of production there were like 27,000 people working there, so that's our ultimate goal, to exceed 27,000 people and to develop that entire site."

In an interview on this weekend’s edition of Inside INdiana Business with Gerry Dick, Acy talked about the mix of companies at River Ridge and vision for the future.

River Ridge is located at the former site of the Indiana Army Ammunitions Plant, which ended production after the Vietnam War in 1972. The sprawling, 6,000-acre development includes three miles of frontage on the Ohio River in Jeffersonville and Charlestown.

The more than 50 companies that now call River Ridge home include a major Amazon, which has a major distribution center there, global medical device company MedLine Industries and Enjoy Life, North America’s largest allergy free bakery.

In July, California-based Niagara Bottling LLC has announced big expansion plans, including a new $56 million bottling facility at River Ridge that is expected to employ about 60 by the end of next year.

The park's economic impact is expected to swell above $2 billion this year, but Acy says that may be just the beginning. "We still have about 3,500 acres of good, useable property to go," said Acy, who adds a 300 acre Class A office development, sparked by a new Interstate 265 interchange, is the next major project for the park.

  • Perspectives

    • Sink or Swim: How to Stop Sabotaging New Hires

      You've jumped through the hiring hoops and emerged with some transformational talent. Before joining your company, Joe slashed costs and doubled revenue at his previous job, and Sue is known for building record-breaking teams and product launches. It should take them no time to produce similar results in your organization, right? In reality, Joe and Sue’s performances will hinge heavily on how you manage their post-hire assimilation: a cycle all new hires experience, lasting...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (photo courtesy Butler University)

      Aramark to End Operations at Butler

      Aramark Educational Services LLC has detailed plans to lay off 200 workers in Indianapolis. In a notice to the state, the company says the decision is the result of Butler University not renewing its contract to provide food services on the campus.

    • Metal Powder Products has Indiana operations in Noblesville and Campbellsburg.

      Manufacturer Growing Noblesville Operations

      Noblesville-based Metal Powder Products has announced plans to move a manufacturing division from Ohio to Hamilton County and add up to 80 jobs by 2020. The powder metallurgy product manufacturer says it will invest $1.5 million to increase production capacity in Indiana. The company currently employs more than 350 associates in its Noblesville and Washington County operations, and over 1,100 overall in the U.S. and China. MPP says it has already hired 51 employees as part of the...

    • Fishers Among Finalists For National Prize

      The city of Fishers is one of 12 finalists for the Robert Wood Johnson Foundation Culture of Health Prize. The award honors "communities that are bringing partners together around a shared commitment to health, opportunity, and equity."

    • Matt McIntyre is co-founder and executive director of Brackets For Good.

      Brackets For Good Launches New Program

      Indianapolis-based Brackets For Good Inc. is changing up its annual fundraising program. The sports-themed fundraising organization has launched Champ's Charity Challenge, in which users can fill out brackets for the NCAA men's college basketball tournament in the name of their charity of choice. The previous iteration of the program saw nonprofits competing in a tournament-style bracket of their own to see who could raise the most money. In an interview with Inside INdiana Business...

    • (file photo courtesy Schrader Real Estate and Auction Co.)

      Farmland Prices 'Remain Resilient'

      An auctioneer at Columbia City-based Schrader Real Estate and Auction Company says farmland prices “remain resilient" despite downward pressures."  R.D. Schrader cites mixed cropland prices on tillable land in 2018, stating that downward pressures include lower incomes, higher interest rates and the prospect of tariffs on farm goods.