Batesville Herald Tribune, Batesville, Indiana

March 22, 2014

Plans moving along for proposed shell building

Diane Raver The Herald-Tribune
The Batesville Herald-Tribune

---- — Batesville Economic Development Commission members had hoped to determine if a proposed shell building should be constructed by now, but that has not been the case.

Members received an update March 14 on the progress being made.

Consultant Greg Martz of GM Development, New Castle, said, “Financing is approved, and MainSource Bank had the best terms” for a loan the city would repay.

He talked with city attorney Lynn Fledderman about drafting a resolution for a city council vote, “which basically is a general pledge from the city that essentially the payments can be made from any available fund, probably EDIT (Economic Development Income Tax).”

Plans for the proposed structure are in the works, reported President Andy Saner. “The initial design had some architectural elements, but they were expensive and may need to be cut out.

“We’ll probably see things move quicker now ... (and) the topography and geological surveys are set to go.

“My goal is to provide you with a packet of how much it will cost, the date of start and completion and an update of where things stand .... We continue to hear from the state it’s a good thing for us to do ... I hope to get the final details together by the next meeting,” so it can be determined whether the shell building should be constructed.

Fledderman announced the surveying of Merkel Road is moving forward, so it can be updated.

He also told members he heard official word March 13 that GE Lighting will be closing its distribution center at the industrial park Jan. 23, 2015, due to changes in light bulbs. “There are 40 employees that will be affected.” There are two separate buildings, one at 150,000 square feet and the other at 211,000 square feet.

“If there is a silver lining with this, it’s that this is a much in demand type building, and there is no building like this in southeastern Indiana.”

Saner pointed out, “This highlights the need for a shell building to attract new industry in town and being able to provide new opportunities .... I’m still on board that we should attack both. Having an availability of a 300,000-square-feet-plus building is good, but having another project ready to go is equally important.”

Diane Raver can be contacted at diane.raver@batesvilleheraldtribune.com or 812-934-4343, Ext. 114.

Batesville Industrial Park Commission action • Members gave a nod to an expansion for Eltek, 1863 Lammers Pike, subject to approval for permits by building commissioner Tim Macyauski. Seventy-five hundred square feet of the existing parking lot will be changed, with 2,500 square feet being made into offices, and the rest being relocated into green space. The appearance of the new offices will match the existing facade.