LAUTH BEGINS INFRASTRUCTURE WORK AT 10-BUILDING DISTRIBUTION/LOGISTICS PARK

PLAINFIELD, IND. — Lauth has closed on the Tax Increment Financing Bonds to begin Phase I infrastructure work at Westpoint Business Park, which will be located at Interstate 70 and State Road 39 in the Plainfield submarket of Indianapolis. Upon completion, the business park will feature up to ten Class A distribution buildings totaling more than 7 million square feet, ranking as one of the largest distribution/logistics parks in Indiana. Situated on 555 acres, buildings will range in size from 500,000 square feet to 1.4 million square feet. Next month, Lauth will begin on approximately $5 million in infrastructure improvements at the Westpoint Business Park site. Work will include construction of new roads, mitigation of wetlands and installation of utilities, while the Hendricks County Regional Sewer District will install a sanitary sewer connection to the Monrovia Treatment Plant and begin construction of a lift station to service the area. Infrastructure improvements are expected to be complete by the end of this year.