Prime Development Opportunity
The offering consists of 12.2 acres of fully entitled, flat land. The land lies in one of Jeffersonville’s redevelopment focus areas with the future land use in the city’s commercial corridor. Given Jeffersonville’s Unified Development Ordinance and the sites location within the Jefferson Ridge PUD, M3 Zoning (Multifamily Residential) is Permitted. According to the Jeffersonville Unified Development Ordinance, “The M3 (Multi-Family – Large Scale) District is intended to provide a land use category for large-scale multi-family apartment, townhouse, or condominium developments with over 100 dwelling units. Such developments may consist of one very large building or be divided among smaller buildings on site.”
Master Developed Site
The site is master developed with all utilities readily available, master storm runoff available, rough graded, and cross access is established.
Major Jeffersonville Employment Hubs
Jeffersonville is home to two of the largest employment hubs in the region:
• River Ridge Commerce Center: 10,400 jobs, 60+ companies, $2.5 billion regional impact
• Ports of Indiana: 12,137 jobs, 40+ companies, $1.8 billion economic impact
Lewis & Clark Bridge Spurs Development
The completion of the $1.1 billion Lewis & Clark Bridge in 2016 opened up the east Jeffersonville corridor for new development through increased connectivity to I-71, and the Louisville metro area. At completion, the bridge was projected to bring $86.7 billion in economic impact to the region, including the Jefferson Ridge and Jefferson Commons projects.
Walking Distance to Prime Retail
Jeffersonville Land is conveniently within walking distance to popular local retail such as Kroger Marketplace, Starbucks, Chick-fil-A, & Crumbl.
Massive Job Announcement
Ontario based Canadian Solar Company plans to build an $800 million facility that will bring roughly 1,200 jobs to Jeffersonville and the surrounding area. The facility is expected to produce 20,000 high-power solar panels daily, with production to begin in 2025.
Significant Local Growth
Jeffersonville has seen significant growth over the last five years with the average home value increasing 49.5%. With such an increase in home values, the demand to rent is anticipated to grow as the city continues to expand.
Proximity to Jeffersonville’s Best Retail
Jeffersonville Land is located in proximity of Jeffersonville’s best retail, including:
• Target, TJ Maxx, HomeGoods, Old Navy, Lowes, Dicks Sporting, Sam’s Club, Bass Pro Shops
• Green Tree Mall: Dillard’s, JC Penny, At Home, Foot Locker
Quick Access to Louisville’s Demand Drivers: Jeffersonville Land is located near Jeffersonville & Louisville’s largest employers, including:
• UPS: 26,328 jobs
• Norton Healthcare: 15,044 jobs
• Ford Motor Co.: 13,020
• University of Louisville Heath: 13,136 jobs
• University of Louisville: 6,339 jobs
