Bloomington (November 21, 2011) ??? The Bloomington Economic Development Corporation (BEDC) is excited to announce the designation of a new 69-acre shovel ready commercial site in Monroe County, Indiana. The Indiana Economic Development Corporation (IEDC) approved the BEDC shovel ready application, submitted in September 2011 for the industrial site, which had previously undergone an extensive remediation process to make it eligible for future commercial use.

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???We were glad the State of Indiana encouraged us to seek a shovel ready designation for a brownfield property,??? said Ron Walker, President, BEDC.?? ???We???ve had great support from Monroe County to encourage infill development and Summit Realty readily assisted us in gathering data about the site so we could document the property???s characteristics for future employment use,????? said Walker.

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Description of the site:

The County???s new shovel ready site is located at 300 N. Curry Pike in Monroe County???s westside economic development area, a tax increment finance district. The site is zoned General Industrial and is served by the Indiana Rail Road Company.

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The former ABB site is the third Monroe County property to be designated ???Shovel-Ready??? by the IEDC.?? The BEDC pursued the shovel ready application process with the support of a Community Growth Partnership grant from Duke Energy.?? Click Here to see the property on the BEDC???s Sites and Building???s Database.??????????

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For additional information about the shovel ready property please contact:??

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Ron Walker, BEDC, 812-335-7346

Dave Harstad, Summit Realty, 812-822-1123

Mike Heaton, Duke Energy, 317-838-1642

Read the IEDC Press Release Here: ??http://www.in.gov/portal/news_events/73244.htm