Progress Business & industry news and tribune 05.29.2015
steel cables connect towers and the road deck on the downtown crossing of the ohio river Bridges Project. | stAFF PHOtO By tyLer steWArt
MAkINg eCoNoMIC INroADs new bridges creating changes in southern indiana
Crews attach steel cables to the road deck on the ohio river Bridges Project. | stAFF PHOtO By tyLer steWArt
“the growth that we’ll see here as a result of the bridges will be tremendous and that will benefit residents on the indiana side of the river.”
By DANIeLLe grADY danielle.grady@newsandtribune.com
M
ore than a year away from the opening of the new east-end and downtown bridges project, some Clark County government officials and businesses are already starting to see growth. Others face uncertainty about their place in a Louisville metropolitan area that most agree will be vastly different. Uric Dufrene, the Sanders Chair in Business at Indiana University Southeast, said the positive economic impacts of the new bridges should far outweigh any negative ones. “The growth that we’ll see here as a result of the bridges will be tremendous and that will benefit residents on the Indiana side of the river,” he said. The east-end bridge will connect Prospect, Ky., to Utica and the downtown crossing will ease congestion along Interstate 65 between the downtowns of Louisville and Jeffersonville. Dufrene expects to see new businesses opening up and established ones relocating to Southern Indiana. “Basically, you’ll have a multiplier effect,” he said. The project will also provide easier access to interstates and give businesses an easy gateway to other metropolitan areas. Dufrene said he sees Clark County municipalities — including Charlestown and Utica — receiving a big chunk of potential benefits.
Crews work on the ohio river Bridges Project next to the kennedy Bridge in November of 2013. | FiLe PHOtO
— Uric Dufrene
sanders Chair in Business at indiana university southeast
steel cables support the road deck on the downtown crossing. | stAFF PHOtO By tyLer steWArt
That doesn’t mean fartherout counties won’t see positive changes, he said. They might acquire business from a growing number of commuters. Rob Waiz, Jeffersonville’s economic and redevelopment director, called the area’s growth “exciting” and said the city has been working on dealing with the changes in the “right” way. This includes attracting office buildings and retail development. “We want to make sure it looks first class as you’re coming into Indiana,” he said. rIVer rIDge CoMMerCe CeNTer City officials aren’t the only ones heralding the effect of the Ohio River Bridges Project. Jerry
Acy is the executive director at River Ridge Commerce Center. River Ridge, which lies near the future site of the ramp of the east-end bridge, was created with the purpose of redeveloping 6,000 acres that once housed the Indiana Army Ammunition plant. Only 10 percent of the area is being utilized at the moment, said Acy, but the commerce center is working with seven developers interested in purchasing up to 1 million square feet of space there. All this has happened in the last five months although the center has been under development since 2005. continued on page C13
Flood waters move below Tower 5 of the downtown crossing portion of the ohio river Bridges Project in April. | FiLe PHOtO