Lebanon Reporter

Local News

January 24, 2011

Economic issue: Lots of land, not enough buildings

Lebanon — Defying the recession, Boone County has over the past 1 1/2 years attracted new businesses to already constructed buildings, creating an unusual problem:

“We’re running out,” Boone County Economic Development Corp. Executive Director Dax Norton said at a seminar Thursday at the Anson Information Center.

Attending the “industrial, commercial and retail sites and existing building inventory summit” were representatives of local developers, government, and economic development.

The consensus: To attract more commercial, industrial and retail growth, local governments will have to explore ways of expanding their infrastructure, including water and sanitary sewer service.

“We have substantial amounts of land; we don’t have that many buildings,” Norton said.

“We’ve got great opportunities here,” said Bob Harris, whose Zionsville-area family that has been extensively involved in commercial and residential development.

How the county can take advantage of those opportunities will be the topic of an upcoming story.

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