Duke Energy Presents Site Readiness Plans
Plainfield-based Duke Energy Indiana, a subsidiary of Duke Energy (NYSE: DUK), has awarded economic development officials in Dearborn County a check for $10,000 to help implement redevelopment plans.
The utility presented officials with site readiness recommendations for a 100-acre parcel in the town of St. Leon, which Duke planners believe is ripe economic investment and improvements. The money is to help put the action plan into motion.
“Duke Energy’s process engages key stakeholders and educates community partners in a truly catalytic way, especially for communities with less experience in the competitive business of project attraction,” said Terri Randall, president and chief executive officer of One Dearborn Inc.
Duke Energy says ideal properties for the site readiness program are typically 40 acres or larger, serviced by the utility, or a vacant industrial building of at least 20,000 square feet which has identified to support renewed industrial growth and sustainable development in the community.
The company says Banning Engineering of Plainfield produced conceptual drawings, engineering recommendations and site plans for the Dearborn County location.
“We appreciate the opportunity to share our site and economic development expertise to advance communities across Indiana,” said Jeff Banning, president of Banning Engineering.