JLL has been selected by LaCroix Developments to lease Midland Industrial Center, a 36-acre, Class-A industrial development at 6601 Midland Industrial Drive in Shelbyville, Kentucky.
Building one, at 160,808 square feet, is currently under construction, with the entire park projected to total 635,000 square feet. JLL Vice President Morgan LaCroix will lead leasing efforts for the development owner.
Sustainably designed, all three buildings will be constructed with load-bearing, insulated, tilt-up panels. Building one, expected to deliver in the third quarter of 2023, will feature 36-foot clear heights, two 14-foot by 16-foot drive-in doors and ESFR fire protection. It will also boast 60-foot by 50-foot bays, 9-foot by 10-foot dock doors with 35,000-pound levelers, LED lighting and a 7-inch concrete floor slab. It’ll also include 127 parking spaces and a build-to-suit office space.
Building two, slated for 312,000 square feet, will tout 9-foot by 10-foot dock doors with 35,000-pound levelers, two 14-foot by 16-foot drive-in doors, 36-foot clear heights, an 8-inch concrete floor slab and 160 parking spaces. Like building one, it’ll also have ESFR fire protection, LED lighting and a build-to-suit office space. The plans for building three are currently being finalized.
Located in an up-and-coming industrial corridor, Midland Industrial Center is situated about two miles away from Interstate 64 and is a 30-minute drive from the Louisville Muhammad Ali International Airport and UPS WorldPort. It has access to the RJ Coleman and Norfolk Southern Railroads, which service Shelby County. It’s also less than a five-minute drive from a variety of dining, retail and lodging options, including Bell House Restaurant, Red Lion at Science Hill, La Fogata, Milano Italian Restaurant, the Shelbyville Conference Center, the Holiday Inn Express & Suites, Best Western, CVS and Walgreens.
Currently, there are approximately 10 million square feet of planned industrial developments in Shelby County, an emerging industrial market. Located within a day’s drive to about two thirds of the population, this space will help meet the growing demand from prospective tenants, who are seeking more than a staggering 8 million square feet of space.
The project is expected to complete in three phases.