With easy access off the Cumberland Parkway, a fully-controlled, four-lane connection between two Interstates, I-65 to the West and I-75 to the East, Lake Cumberland Regional Industrial Complex Site 1 is designed with the open-ended needs of today's industries in mind. It is a 104.2-acre property that features 8" water, 8" sewer and 6" gas lines. The site is zoned I-1 Light Industrial and is located between Russell Springs and Jamestown approximately 1.9 miles from the Cumberland Parkway via U.S. Hwy. 127. Download PDF. Site 1 includes a 43,750 square foot speculative building that is ready for immediate occupancy. Download PDF.
This 150,000 square foot Certified Build-Ready Pad creates the opportunity for companies to bypass much of the red tape required when establishing a new location by addressing needs and concerns before they arise. Our proactive preparation of the site allows for quick-decision site selection. Build-Ready certification proves that unknown obstacles have been removed, that the site due diligence has been performed, and the project implementation timeline has been significantly accelerated.
With this Build-Ready Site, much of the work, other than actual construction, has already been completed. That includes control of the land to be developed, archaeological, environmental and geotechnical studies performed, construction of a build-ready pad, preliminary design work (complete with project cost and construction timeframes clearly defined), approved site plan permits and necessary infrastructure in place. On the Lake Cumberland Regional Industrial Complex Build-Ready Site, construction can begin immediately on the build-ready pad.
The Lake Cumberland Regional Industrial Complex Site 1 has received Austin Consulting's prestigious Shovel-Ready Site Designation Award. The designation as Food & Beverage Shovel-Ready means potential tenants will know the site meets the criteria for most food and beverage production. The certification includes detailed reports that support the park as suitable for food and beverage plant location, and are available for site evaluation.
Much of Russell County (including the entirety of the Lake Cumberland Regional Industrial Complex Site 1) is classified as a federally designated Opportunity Zone. New or expanding manufacturing or service/technology companies may be permitted the following inducements under the KEOZ program: An income tax credit of up to 100% of the Kentucky income tax liability on income generated by or arising out of the project, and a job development assessment fee of up to 5% of gross wages.
Within City Limits:
Partially within western city limits of Russell Springs
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Company: Kentucky Cabinet for Economic Development
Contact Name: Amy Bowman
Address: 300 West Broadway, Frankfort, KY 40601
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