An Indianapolis developer has purchased 45 acres in a Union industrial park with plans to build a 610,000-square-foot building.
Pure Development bought the land about 10 days ago in Ascent Industrial Park, said John Applegate, Union city manager. Ground should be broken for construction around March, according to current plans, he said.
Applegate did not know if a user has been identified for the building yet. He suspects the building will be raised “on spec,” with a tenant or tenants to be found as the project unfolds.
Jones Lang Lasalle (JLL) has been hired as the Realtor for the site, Applegate said.
A message seeking more information was sent to Pure Development Wednesday.
Union has taken steps to make itself open to big projects like this one. In 2013 to 2014, Procter & Gamble built a $90 million, 1.8-million-square-foot distribution center at Union’s Global Logistics Air Park, bringing more than 800 new jobs to the city.
That building was constructed on 140 acres near the northwest section of Jackson Road and Dog Leg Road, just west of Dayton International Airport.
Planning for Union’s Global Logistics Air Park began more than 20 years ago when the city invested $2 million to extend water and sewer lines to make “Global Logistics Air Park” ready for development.
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