Local News

Another Big Fish on the Line for Economic Development Area

(St. Joseph County, IN) - Yet another massive development could be coming to the Indiana Enterprise Center east of New Carlisle.

 

On Thursday the St. Joseph County Redevelopment Commission approved an agreement with a developer known only as Razor5, which is said to be working for a larger, well-known company.

 

St. Joseph County Economic Development Director Bill Schalliol says details are not being revealed, because the company is just beginning work to scout the area for a suitable location. “Now that the access agreement is in place, they’re going to go out and study the area,” he said. “They’ve got a 90-day window to do the examination on the property, and so they’re doing that now, especially with the good weather, so that they can get in and make a determination before spring, if this is a project site that will work for them.”

 

According to Schalliol, Razor5 has sights on two different parcels north and south of State Road 2 totaling 840 acres. The new project, once completed, could be even bigger than the $3 billion battery plant which just began construction.

 

But Schalliol suggested that the project, whatever it entails, might not be a one-shot deal like a factory. “It’s just an opportunity to buy land so that they can grow a campus over a number of years.” The land is privately owned at this time and is within the boundaries of the IEC planning footprint.

 

News of the new development comes just a week after St. Joseph County announced plans to enlarge the footprint of the IEC, leaving many residents to wonder what’s going on. Schalliol says his office will be holding a public question and answer session on Monday in New Carlisle. “Certainly we’d encourage those that are within the area to come,” he said, “but if there’s anyone else that has questions about the projects, certainly we’ll take time to answer those questions.”

 

The open house will be from 4:30-5:45 p.m. Central Monday evening at the public library in New Carlisle.

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