INDUSTRIAL/ECONOMIC DEVELOPMENT

Salt River Electric's service area is an area with vast economic potential, with positives from interstate access to existing and fully developed business parks. We pride ourselves in providing an extended menu of rate possibilities for our members. We offer something for every business endeavor. One final plus is that our communities offer a quality of life that is second to none.

If you would like more information or if you're developing or opening an industrial business in our service area, contact Nicky Rapier, Vice President of Community & Economic Development, 502-348-3931, ext. 1523, or email nickyr@srelectric.com.

Other helpful links:

http://www.thinkkentucky.com
http://www.visitbardstown.com

Springfield is a progressive community with an outstanding business environment and history of success in industrial development. Centrally located with excellent highway access in all directions, this superb site conveys the appearance of the Kentucky horse industry. With Lexington Bluegrass Airport only 47 miles, and Louisville International Airport only 52 miles away, Springfield is located in the "silver lining" of Kentucky's "golden triangle".

 

 


Location: KY Hwy. 555
Size: 397 Acres
Zoning: Industrial
Current Land Use: Agricultural (Spec. Industrial)
Topography: Gently Rolling
Highway Access: Bluegrass Parkway 12 miles; I-65 43 miles; Cumberland Parkway 47 miles; I-64 54 miles; I-75 67 miles
Rail Service: None
Utilities: Electric - Salt River Electric Cooperative via East Kentucky Power
             Gas - Western Kentucky Gas - 4 inch line
             Water - Springfield Water & Sewer Commission - 12 inch line
             Sewer - Springfield Water & Sewer Commission - 8 inch line
Tax Rate: Real Estate - $0.8315/$100 accessed value
                Tangible - $1.3145/$100 accessed value
Finished Goods: $0.785/$100 accessed value
Ownership: Springfield - Washington County Economic Development Authority
Asking Price: $12,000 - $15,000 per acre

The Cedar Grove Business Center is owned by Salt River Development Company, L.L.C. (private) and is located strategically (.75 miles) from Interstate 65. The Center is approximately 10 minutes south of Louisville International Airport and the UPS Worldport. The park is home to Illuminations, Linens-N-Things, APL Logistics, Woodgrain Mill Source, and Wyeth Pharmaceuticals.

 

 

 

Location: Shepherdsville, KY - Exit 116, Cedar Grove Road - KY 480
Size: 420 Total Acres; 45 Acres Remain Industrial
Zoning: Light Industrial (I-L)
Current Land Use: Industrial / Services (Distribution)
Topography: Level to Gently Rolling
Highway Access: Access to Interstate 65 Interchange .75 miles west via KY 480
Rail Service: Not Rail Served
Utilities: Electric - Salt River Electric
             Gas - Louisville Gas & Electric Co. - 6 inch line
             Water - Louisville Water Company - 12 inch line
             Sewer - Shepherdsville Sewer Department - 10 inch gravity line
Tax Rate: Real Estate: City - $0.1470/$100, County - $0.7173/$100
                Tangible: City - $0.1724/$100, County - $1.1345/$100
Ownership: Salt River Development Co. L.L.C.
Asking Price: $70,000 - $75,000 per acre

The Shepherdsville Business Center is strategically located on Interstate 65. The site is located adjacent to the Cedar Grove Business Center on KY HWY 480, approximately 10 minutes from Louisville International Airport and the UPS Worldport.

 

 

 

 

Location: Southern limits of city of Shepherdsville - Exit 116
Size: 145 Acres
Zoning: Light Industrial (I-L)
Current Land Use: Industrial
Topography: Level to Gently Rolling
Highway Access: I-65 Interchange - 0.2 mile west of site via KY 480
Rail Service: Not Rail Served
Utilities: Electric - Salt River Electric
              Water - Louisville Water Company - 16 inch line
              Sewer - Shepherdsville Sewer Department - 10 inch gravity line
Tax Rate: Real Estate: City - $0.1470/$100, County - $0.7173/$100
                Tangible: City - $0.1724/$100, County - $1.1345/$100
Ownership: Private
Asking Price: $60,000 per acre

ProLogis

Location: I-65 Interchange; 4 miles north of Shepherdsville; 2 miles south of Louisville
Size: 120 acres; will subdivide 40 acres commercial/80 acres industrial
Zoning: Commercial & Light Industrial
Current Land Use: Agricultural
Topography: Level
Highway Access: Blue Lick Road/I-65 Interchange
Rail Service: CSX main line
Utilities: Electric - Salt River RECC via East Kentucky                             Power
              Gas - Louisville Gas & Electric Company
              Water - Louisville Water Company
              Sewer - Private Treatment
Tax Rate: Real Estate: $0.8261/$100
                Tangible: $1.2104/$100
Ownership: Private
Asking Price: Negotiable

The Mt. Washington Business Centre is owned by the City of Mt. Washington in eastern Bullitt County. The Centre is located approximately 6.5 miles from I-265 interchange and just a 20 minute drive to Louisville International Airport. The park is home to Vittitow Basement Walls, Marco Die Supplies, Max Johnson Drywall, and Sisco Heating and Air.

 

 

 

Location: Northwestern city limits of Mt. Washington, Landis Lane
Size: 100 acres
Zoning: Light Industrial (I-L)
Current Land Use: Industrial and Services
Topography: Gently Rolling to Level
Highway Access: Landis Land - I-275 interchange; approximately 6.5 miles north via old US 31-E
Rail Service: Not Rail Served
Utilities: Electric - Salt River Electric
              Gas - Louisville Gas & Electric Company - 4 inch line
              Water - Mt. Washington Water/Sewer Company - 16 inch line
              Sewer - Mt. Washington Water/Sewer Company - 6 inch force main
Tax Rate: Real Estate: City - $0.1300/$100, County - $0.7813/$100
                Tangible: City - $0.1820/$100, County - $1.2345/$100
Ownership: City of Mt. Washington
Asking Price: $50,000 per acre

 

 

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