Indiana Business Park Named CSX Select Site

A business park in Lebanon, Indiana, has been named as a “select site” by CSX.

CSX built a spur to the business park in 2010 as part of a $4 million project to brings rail service directly into the facility.

CSX logo 1In a news release, Mark Hosfield, vice president of leasing and development for Duke Realty, said that business park officials are looking to strengthen the park’s position as the area’s only master-planned park to offer rail service.

CSX select sites are development-ready properties served by the railroad in which standard land use issues and due diligence matters have been addressed.

The properties must be ready to meet manufacturers’ requirements, which reduces the time it takes to build facilities and bring products to market.

The Lebanon business park was developed in the late 1990s and is located 25 miles northwest of downtown Indianapolis near Interstate 65.

The site has 1,250 acres and 8 million square feet of industrial, manufacturing and distribution space in 17 buildings.

CSX is seeking to provide rail service to 250 undeveloped acres in the Lebanon business park.

“Direct rail service provides a real competitive advantage to many businesses, and the combination of site readiness and Boone County’s commitment to economic growth are key factors in attracting new jobs and investment to the area,” said Adam Hess, CSX’s industrial development director.

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