Louisville-based Crossdock Development will break ground soon on a 634,400-square-foot industrial building at 400 Amazon.com Boulevard, behind the Amazon.com Inc. fulfillment center in Shepherdsville. The facility will be built on about 43 acres owned by Crossdock president Lee Wilburn.
By Marty Finley – Reporter, Louisville Business First
Aug 24, 2017
The Bullitt County industrial building boom won’t be slowing down in the immediate future.
Louisville-based Crossdock Development will break ground soon on a 634,400-square-foot industrial building at 400 Amazon.com Boulevard, behind the Amazon.com Inc. fulfillment center in Shepherdsville. The facility will be built on about 43 acres owned by Crossdock president Lee Wilburn.
The building site is not far from a large building constructed by Crossdock that houses a distribution center for sports nutrition retailer Hut Group.
Wilburn has secured all his building permits and expects the building to be ready for a tenant in as little as six months. He said the building would not work well for multiple tenants, so he will market it for one large user.
The tenant could be a distributor, auto supplier or even a manufacturer, he said. He expects the building to appeal to e-commerce companies in the vein of Amazon.com Inc. (Nasdaq: AMZN) or pharmaceutical distribution companies.
Wilburn projected the total development costs at $32 million, but he did not identify his financing partners. Floyds Knobs-based AML Inc. is the general contractor for the project, and Kovert Hawkins Architects is designing the building.
Hwo local companies have conducted multiple tours of the property, he said, but he did not identify those companies because no leases are signed.
The project comes as Crossdock Development wraps up a nearly 665,000-square-foot industrial building on about 36 acres in the River Ridge Commerce Center in Jeffersonville. Crossdock has completed several other buildings at River Ridge with tenants that include Swiss auto supplier Autoneum, health care solutions company J. Knipper and Co. Inc., and specialty pharmacy company BriovaRx.
Wilburn said the River Ridge building could be split for multiple tenants and should be ready for occupancy soon. Wilburn has estimated that building at $25 million or more.