The Harrison County Economic Development Corp. has acquired 50 acres of land near Lanesville to be developed into a new business park. The organization says the land, which cost $2.5 million, has high potential for new business development and job creation.
The land is located near I-64 north of Lanesville. The organization says some planning work has been completed with the help of real estate brokers and site selection consultants and work has already been done to make the property more marketable.
"Planning was conducted on the Lanesville interchange area in 2003 and it included a Master Plan that suggests the best use of the property is a ‘higher-end business park,’" the organization said. "Instead of many acres of space under roof for giant distribution centers, it might be better suited for smaller, light manufacturers and for office and commercial development. Now that the Economic Development Corp. owns the property, we can control the development."
Additional engineering and planning work is planned to begin development of the property. The organization says its efforts will then focus on the development of a public roadway, extension of the sewer line and construction of a storm drainage system to accommodate new business development.