The building is the 9th such facility in the community’s widely-successful shell building program. The availability of these buildings has resulted in new locations or expansions for companies that include Magna Powertrain, DIY Group, DMI, Exide Corporation, Navient (a division of Sallie Mae), and Brevini.
In addition, the program has garnered site visits from companies such as Diamond Plastics that came to tour a shell building, but ended up building elsewhere in the community. The most notable example is Keihin, who built a new building in the Airpark, and has since invested more than $90 million.
The 20-year-old program has resulted in more than 1,500 jobs and over $150 million in capital investment.
“This facility marks the largest shell building project ever undertaken by the city or county, and its size and scope are a direct result of research conducted to identify opportunities in the real estate market,” said Terry Murphy, Vice President, Economic Development for the Muncie-Delaware County Economic Development Alliance.
Further information on the building can be found in the Sites & Bulidings Database.
About the Muncie-Delaware County Economic Development Alliance:
The Alliance (EDA) represents a consortium of economic development entities dedicated to the growth and prosperity of Muncie-Delaware County, Indiana. Our purpose is to allocate and leverage economic development resources to sustain and enhance the economic growth, vitality, and global competitiveness of Muncie-Delaware County as a superior business location. Services include site location assistance, retention and expansion of existing businesses, and customized research for business prospects considering Muncie-Delaware County, Indiana.
The EDA is responsible for the implementation of Vision 2016, the community’s current five-year economic development program. This public/private partnership represents the most comprehensive economic development plan in the history of the county. Vision 2016 seeks to create 2,000 primary income jobs with an annual payroll of more than $66 million, and the attraction of $250 million in new capital investment.
The EDA’s administrative entities are Delaware Advancement Corporation and the Muncie-Delaware County Chamber of Commerce. Visit muncie.com for more information.
About Garmong Construction:
Founded in 1923, Garmong serves markets across Indiana and East Central Illinois, with offices located in Indianapolis, Terre Haute, and Evansville, IN. In addition to providing economic development services to public/private clients, Garmong develops and delivers projects using Design-Build, General Contractor, Construction Management, and Real Estate Development delivery systems. Garmong’s affiliate, Garmong Development Company, LLC., specializes in build-to-suit leases of industrial manufacturing and health-care facilities.