(Read more on the industrial market.)
SHEPHERDSVILLE, KY-Lauth, headquartered in Indianapolis, isconstructing its second building as part of Salt River BusinessPark. The 936,000-sf Salt River Two will be a speculativeindustrial building.
Lauth plans to construct a total of up to 2.2 million sf ofindustrial space at the park, which is situated near theintersection of Interstate 65 and US Hwy. 480 and close to theLouisville International Airport and UPS Worldport. Salt River Twois expected to be completed in the second or third quarter 2008,says Tag Birge, first vice president at Lauth. The development costwas not available by press time.
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