The Muncie-Delaware County Economic Development Alliance joined Delaware County government officials and Garmong Construction to announce that the construction of a new, 200,000 SF shell building has been completed. The event was celebrated with a ribbon cutting by the Muncie-Delaware County Chamber of Commerce. Located on a 34-acre site in the Industria Centre Industrial Park, the pre-cast concrete building features 32 foot ceilings and is expandable to 500,000 square feet.
“Nationally, it has been reported that 70 to 80 percent of companies looking to locate or expand into an area will first look at available buildings. Having a strategically-located, modern, flexible, and well-designed building is a key driver for us to win projects in today’s highly competitive manufacturing and corporate headquarters market.,” said Jay Julian, President and Chief Economic Development Officer of the Muncie-Delaware County Chamber of Commerce.
The building is the 9th such facility in the community’s widely-successful shell building program. The availability of these buildings has resulted in new locations or expansions for companies that include Magna Powertrain, DIY Group, DMI, Exide Corporation, Navient (a division of Sallie Mae), and Brevini.
In addition, the program has garnered site visits from companies such as Diamond Plastics that came to tour a shell building, but ended up building elsewhere in the community. The most notable example is Keihin, who built a new building in the Airpark, and has since invested more than $90 million.
The 20-year-old program has resulted in more than 1,500 jobs and over $150 million in capital investment.
“This facility marks the largest shell building project ever undertaken by the city or county, and its size and scope are a direct result of research conducted to identify opportunities in the real estate market,” said Terry Murphy, Vice President, Economic Development for the Muncie-Delaware County Economic Development Alliance.
Further information on the building can be found in the Sites & Buildings Database.
Listen to remarks by Dan Zuerner, Garmong Construction Services. 3:24
Scenes from the ribbon cutting ceremony. Photos by: Mike Rhodes