Construction on a 150,000-square-foot speculative industrial building in LaPorte began this week. Our partners at The Times of Northwest Indiana report the building can be doubled in size for additional tenants and is part of a plan to grow the community’s population.
Mayor Tom Dermody says the building will offer companies additional options in the city amid a shortage of existing industrial space.
“The hope is to have at least one company ready to move in once the outer shell of the building is finished in the summer,” said Bert Cook, executive director of the LaPorte Economic Advancement Partnership.
The metal panel structure, which is being developed by Qualls Development Group, is being constructed at the Thomas Rose Industrial Park. The building will be situated on 23 acres in the park, equipped with roads and other infrastructure.
Dermody says the building is part of a strategy to increase LaPorte’s population from 22,000 to 30,000 in 10 years.
According to reporting from The Times, the building will be suitable for manufacturing and logistics operations.
Qualls Development Group also leases industrial space to companies at four locations in LaPorte, Rolling Prairie and Knox.