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Ground Breaking Ceremony Celebrates Second Shell Building for Franklin
FRANKLIN, IN – Ground has been broken for construction of a second shell building project in Franklin.
The 50,000-square-foot building will be constructed in the Franklin Business Park at the intersection of Graham Road and the future Linville Way. The building can be expanded up to 200,000 square feet.
The project will be completed next spring.
The building will be marketed for purchase or lease to companies looking to locate to Franklin.
“We congratulate the partners on once again coming together to attract new business coming to our community,” said Franklin Mayor Steve Barnett during a ceremony that included local economic development leaders and project representatives on Thursday.
GM Development, Runnebohm Construction and Linville Farms are partnering with the Franklin Redevelopment Commission to deliver the project. Investment will be $2.4 million into the project, with the City of Franklin providing $610,000 for land purchase and $100,00 for legal and other related costs.
FRC Chairman Bob Heuchan noted that Franklin’s first shell building brought three new companies to Franklin. Runnebohm and Linville Farms partnered with the city on its first shell building in 2013.
“I anticipate the same type of success with this building,” Heuchan said.
Shell buildings are structures that are designed to reduce the time required for a company to occupy the building. The building is constructed to maximize flexibility while allowing a company an opportunity to finish the building to its exact needs. It greatly speeds up a company’s time to production while removing uncertainty in the design, development and construction process.
“Speed to market is very important to businesses today and this shell building allows a company to have a custom building while reducing the time it would take to build from ground up,” said Dana Monson Interim Executive Director of the Johnson County Development Corporation.
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More information: Dana Monson, 317.736.4300