Lebanon, Boone EDC announce planned $102.9 million speculative industrial park
The City of Lebanon and Boone County Economic Development Corp. announced plans for an estimated $102.9 million speculative industrial park by Indianapolis-based Strategic Capital Partners. The proposed Lebanon Commerce Park would place four Class A industrial buildings totaling about 1.49 million square feet on 116 acres near State Road 39, Tyre Road and John Shaw Road. The developers say the space could support office, warehouse, light-manufacturing and distribution users. Construction is anticipated to begin in the third quarter of 2027 and proceed in phases. Because the project is speculative, tenants and resulting job counts have not been established.
The City of Lebanon and Boone County Economic Development Corp. announced plans for an estimated $102.9 million speculative industrial park by Indianapolis-based Strategic Capital Partners. The proposed Lebanon Commerce Park would place four Class A industrial buildings totaling about 1.49 million square feet on 116 acres near State Road 39, Tyre Road and John Shaw Road. The developers say the space could support office, warehouse, light-manufacturing and distribution users. Construction is anticipated to begin in the third quarter of 2027 and proceed in phases. Because the project is speculative, tenants and resulting job counts have not been established.
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Sources
- Boone County Daily News: Lebanon, Boone EDC announce planned $102.9 million speculative industrial park ↗
- betterinboone.org ↗
Publication date of the linked source has not been verified. A sourced news brief; no independent staff reporting is implied. Prepared with AI assistance; source-dependent claims remain attributed in the article.
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