State now has three sites that meet designation
BOWLING GREEN, Ky. (Dec. 2, 2014) — Lt. Gov. Crit Luallen today joined community leaders to announce that two industrial sites located at the Kentucky Transpark in Bowling Green will be officially certified under Kentucky’s new Build-Ready program.
Build-Ready, launched by the Kentucky Cabinet for Economic Development earlier this year, is a cost-effective way for communities to distinguish their list of available industrial sites to meet the needs of today’s site selectors.
“Build-Ready is intended to give communities an advantage in attracting new businesses,” Luallen said. “Any company that visits these sites knows that it will be able to begin construction almost immediately, drastically shortening the time it takes to be operational. This is a major selling point, and we expect this designation to generate even more economic interest in Bowling Green.”
The two sites total 33 acres. Electrical, water, sewer and gas, as well as fiber optic cable, are already routed to the property lines. The Transpark also is home to the only CSX Select Site in Kentucky for top-tier rail freight capabilities.
The two Bowling Green sites are the second and third industrial sites to receive the certification, to go along with a site in Henderson that was certified last month.
In addition to shovel-ready sites and pre-existing buildings, communities now have the option of proactively preparing and marketing land to potential companies without assuming all the risk and cost of constructing a building.
With a Build-Ready site, much of the work, besides actual construction, has already been completed, including having community control of the land to be developed, preparing a building pad (prepared ground/soil/environmental studies), conducting preliminary design work, including project costs and construction timeframes, obtaining approved site plan permits and having necessary utility and transportation infrastructure in place.
Communities that meet the minimum standards for each requirement of the Build-Ready program will drastically reduce the time it takes a company to select a site, construct a new building and begin operations. By expediting this timeline and putting companies in operation faster, communities make their sites more attractive to companies and site selectors.
Build-Ready sites receive special designation on the Cabinet’s SelectKentucky.com website and other collateral materials that will be marketed around the world.