lou-OpusRiverRidgespecrendering (2) LOUISVILLE—The Opus Group has become one of the most active industrial developers in the Midwest, and yesterday company officials said they were ready to launch River Ridge Commerce Center just north of Louisville Douglas J. Swain , vice president and general manager, Opus Development Co., LLC , told GlobeSt.com. The region is home to the UPS Worldport Air Hub for example, as well as the Ford Motor Co. and many of its parts suppliers. And since much of the land on the Louisville side is unsuitable, either due to a lack of available spaces or difficult terrain, Opus looked north to Jeffersonville and the River Ridge development. “You have already got a solid base of users there and institutional ownership.”   Swain expects a lot more activity in that area. Several billion dollars was recently spent improving both roads and bridges in the area, including a new bridge for I-65, the major interstate in the area, spanning the Ohio River. “That will increase the connections to the Louisville market in general.”   “It's a great project and I am sure it won't be our last in Louisville,” said Swain. Opus Design Build, LLC Opus AE Group, LLC CBRE lou-OpusRiverRidgespecrendering (2) LOUISVILLE—The Opus Group has become one of the most active industrial developers in the Midwest, and yesterday company officials said they were ready to launch River Ridge Commerce Center just north of Louisville Douglas J. Swain , vice president and general manager, Opus Development Co., LLC , told GlobeSt.com. The region is home to the UPS Worldport Air Hub for example, as well as the Ford Motor Co. and many of its parts suppliers. And since much of the land on the Louisville side is unsuitable, either due to a lack of available spaces or difficult terrain, Opus looked north to Jeffersonville and the River Ridge development. “You have already got a solid base of users there and institutional ownership.”   Swain expects a lot more activity in that area. Several billion dollars was recently spent improving both roads and bridges in the area, including a new bridge for I-65, the major interstate in the area, spanning the Ohio River. “That will increase the connections to the Louisville market in general.”   “It's a great project and I am sure it won't be our last in Louisville,” said Swain. Opus Design Build, LLC Opus AE Group, LLC CBRE
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

brianjrogal

Just another ALM site