Lake Cumberland Regional Industrial Complex (Build-Ready/Certified Food & Beverage)

Russell Springs, Kentucky 42642

Virtual Tour

Primary Contact

Bennie Garland

Description

Lake Cumberland Regional Industrial Complex

Lake Cumberland Regional Industrial Complex Site 1

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.

Certified Build-Ready Pad

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.

Certified Food and Beverage Shovel-Ready

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.

Opportunity Zone

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.

Visit our Website to Learn More About the Lake Cumberland Regional Industrial Complex and Russell County

RCIDAKY.com

Property Details

Street Address: 697-899 French Valley Rd, Russell Springs, KY 42642


City: Russell Springs


County: Russell County


Zip Code: 42642


Type of space: Vacant Land


Min Size: 6 acres


Max Size: 97.70 acres


Last Updated: 8/25/2020

General Information

PropertyID:

S207-003


Within City Limits:

Yes

Availability

For Sale:

Yes


Sale Price:

22000


Sale Terms:

$22,000 per acre

Site Details

Zoning:

Industrial


Location:

Partially within western city limits of Russell Springs


Largest Possible Tract:

97.70


Ownership:

Russell County Industrial Development Authority

Incentives

Shovel-ready:

Yes


Build-ready:

Yes


Opportunity Zone Y/N:

Yes

Transportation

Nearest Airport:

Blue Grass Airport (Lexington, KY)


Airport Access Description:

92 miles northeast of site


Nearest Interstate:

Louie B. Nunn Cumberland Parkway interchange approximately 1.9 miles north via US 127


Distance to Interstate (miles):

1.9


Rail Company:

Not rail served


Distance to Riverport (miles):

110

Utilities

Electricity:

Kentucky Utilities (a PPL company); South Kentucky RECC


Natural Gas:

Lake Cumberland Gas Authority


Gas Line:

6-inch line serves the site


Sewer:

Russell Springs Water & Sewer


Sewer Line:

8-inch gravity line serves the site


Water:

Russell Springs Water & Sewer


Water Line:

8-inch line serves the site


Broadband:

Gigabit Fiber Optic: DUO Broadband; Wireless: Vortex Wireless

State Contact

Company: Kentucky Cabinet for Economic Development


Contact Name: Amy Bowman


Address: 300 West Broadway, Frankfort, KY 40601


City: Frankfort


State: Kentucky


Phone: 502-564-7670

ED Contact

Company: Russell County Industrial Development Authority


Contact Name: Bennie Garland


Address: 2150 North Main Street


City: Jamestown


State: Kentucky


Phone: 270-866-7070


Fax: 270-343-6500

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