Officials from the city of Batesville have cut the ribbon on a new shell building. The facility is located in the Batesville Industrial Park and the city says they are beginning to market the property "full force."
The project received approval from City Council a year and a half ago and construction began early this year. Batesville economic development officials decided to go with a public-private model instead of the more common method of bond financing, partnering with GM Development and locally-based Bruns-Gutzwiller Inc. The city says the 50,000 square-foot building is the only speculative facility of its kind offering the kind of features it does on I-74 between Indianapolis and Cincinnati.
Mayor Gene Lambert says "when our community gets behind something and understands the value a project like this can provide, we know we can be successful."
You can connect to more information about the shell building by clicking here.