BLOOMINGTON, Ind. – The Bloomington Economic Development Corporation (BEDC) learned today that the Indiana Economic Development Corporation (IEDC) has awarded the “Shovel Ready” title to a 30 acre industrial property in Monroe County.  The BEDC submitted a shovel ready application to the IEDC in July of this year.  The shovel ready designation is a first for Monroe County.

“This is great news for our community’s economic development efforts,” said Ron Walker, President of the BEDC.  “The shovel ready certification will give Bloomington and Monroe County a marketing advantage for business expansions and relocations and provide businesses interested in the shovel ready site with a greater speed and predictability in the building approval process,” stated Walker.

Monroe County’s new shovel ready site is located on W. Vernal Pike in a tax increment finance district.  The site is zoned Light Industrial and is bordered on two sides by rail.   In July, the Monroe County Redevelopment Commission approved funding for road, water and sewer improvements that will serve this site and improve access other sites in the area.  The infrastructure improvements were planned for since 2008.

Below is the press release from the IEDC. 

Seven Indiana Sites Score State Designation for Speedier Development

 INDIANAPOLIS, Ind. (Sept. 23, 2009) – Seven sites across Indiana earned the title of ‘shovel ready’ today, paving the way for businesses to quickly locate new operations on property ready for development.

The seven new sites located in Blackford, Daviess, Madison, Monroe, Orange, Vigo and Wayne counties join the list of 48 other ‘shovel ready’ sites identified by the state since 2006 that have undergone extensive title work, proof of ownership, legal and environmental review and qualify for expedited permitting with state regulatory agencies.

“With more and more companies looking for sites where they can have a shovel in the ground as quickly as possible, this program gives Indiana an advantage when it comes to competing with other states for new investments and new jobs,” said Mitch Roob, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation.  “We want to make the site selection process as easy as possible for prospective companies looking to bring new jobs and investment to our state.”

In June, Medco Health Solutions (NYSE:MHS) announced it would expand its planned automated pharmacy facility at AllPoints at Anson, adding 160 additional new jobs. The 452,000 square-foot automated pharmacy facility, located on a ‘shovel ready’ site in Whitestown, is scheduled to be completed this fall. By 2012 Medco anticipates the facility, along with the company’s personalized medicine research center, will employ approximately 1,400 associates.  

Passed in the 2005 legislative session as part of Governor Daniels’ jobs agenda, ‘shovel ready’ sites are certified by the state’s Fast Access Site Team that consists of representatives from the Indiana Economic Development Corporation, Governor’s Office, Indiana Department of Natural Resources, Indiana Department of Environmental Management, Indiana Department of Transportation, Indiana State Department of Health, Indiana State Department of Agriculture and the Indiana State Department of Homeland Security.  

Certified sites have been eligible for matching grants to assist with eligible costs associated with applying for the shovel ready program.  These sites are listed on the Indiana Economic Development Corporation’s Site and Building Database at www.indianashovelready.com. This online resource allows site selection consultants and businesses to research available commercial and industrial properties that are available for quick development and investment.

The most recent shovel ready sites receiving certification are:

Location
Site Name
Applicant
Contacts
BlackfordCounty  (Hartford City)
Blackford Industrial Park (37 acres)
Blackford CountyEconomic Development Corporation
Rob Cleveland(765) 348.4944
Daviess County
(Odon)
Odon Industrial Park      (19 acres)
Daviess CountyEconomic Development Corporation
Ron Arnold 
(812) 254.1500
Madison County
(Anderson)
Madison Commons
(87 acres)
City of Anderson
Greg Graham
(765) 648.6014
Monroe County
(Bloomington)
Ridge Line 
(30 acres)
BloomingtonEconomic Development Corporation
Ron Walker
(812) 335.7346
Orange County
(Orleans)
Orleans Industrial Site (41 acres)
Orange CountyEconomic Development Partnership
Judy Gray
(812) 723.3388
Vigo County
(Terre Haute)
Vigo County Industrial Park
(195 acres)
Terre Haute Economic Development Corporation
Steve Witt
(812) 234.2524 
Wayne County
(Cambridge City)
 Indiana Gateway Industrial Park
(77 acres)
Economic Development Corporation of Wayne County
Valerie Shaffer
(765) 985.4769

About IEDC

Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Indiana Secretary of Commerce Mitch Roob serves as the chief executive officer of the IEDC. For more information about IEDC, visit www.iedc.in.gov.

About BEDC

The BEDC is the lead business retention, development and attraction entity for Bloomington and Monroe County, Indiana. The BEDC serves as the lead intermediary between local businesses and state and federal economic development assistance programs. The BEDC is also the host for the Bloomington Life Sciences Partnership (BLSP) and the Bloomington Technology Partnership (BTP). Further information about the BEDC is available at www.comparebloomington.us.

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