Chicago-based CA Industrial has started construction on CA Gateway, a 139,860-square-foot speculative Class-A warehouse in the Gateway International Business Park, immediately west of the Cincinnati/Northern Kentucky International Airport.
The $9.7 million project, located at 2000 Gateway Blvd. in Hebron, Kentucky, marks CA’s first industrial project since launching CA Industrial, a new division that pursues speculative development and acquisition opportunities throughout the U.S. CA Gateway is a joint venture between CA Industrial and Diamond Realty Investments Inc.
“We selected one of the best locations possible for an industrial building in the Cincinnati metro area,” said Jim McGill, executive vice president of industrial for CA Ventures, in a statement. “The proximity to I-275 and the airport, where construction of the $1.5 billion Amazon Air hub is now underway, will be a big draw for users small and large, especially those that are part of the e-commerce supply chain.”
Planned for completion in the fourth quarter of 2019, CA Gateway fills the last developable site – nearly 10 acres in size – within the Gateway International Business Park. The facility is being built on a speculative basis, or without tenants lined up in advance, offering a flexible layout to accommodate either single- or multi-tenant users.
Building features include 32-foot clear heights, LED lighting with motion sensors, 14 loading docks (expandable to 31), a 125-foot truck court and 146 car parking spaces.
CA Gateway was designed by Cincinnati-based ATA Beilharz Architects. Fort Mitchell, Ky.-based Paul Hemmer Cos. is serving as general contractor.
