INCOMING
OPPORTUNITIES FOR
CHARLESTOWN
River Ridge to be a boon for businesses, residents
Aside from being a great place to live, eat and
enjoy the beautiful outdoors, Charlestown has been
making big moves in developing their community.
River Ridge has been building up the economy
of Southern Indiana for more than 11 years and
in August 2016 the River Ridge Development
Authority acquired the final deed to the munitions
plant from the United States Army. This new space
in Charlestown includes nearly 1,600 acres, which
will add to the more than 35 companies and 7,000
permanent jobs already found in River Ridge.
This is the final piece of the River Ridge
Commerce project and should be a boon for the
businesses and residents of Charlestown, which is
expected to lead to a large influx of jobs in the area.
The demolition of the buildings and structures
at the munitions plant began in 2017. Dustin
This is an advertorial.
62
Coffman, finance and marketing director of the
River Ridge Commerce Center, said the demolition
and site preparations of the munitions plant are
happening in phases and the center hopes to have
the project completed within five to seven years.
While no businesses have officially committed
to occupying the new space, River Ridge wants
high quality businesses for the area.
“River Ridge Commerce Center is searching for
businesses that offer high paying jobs combined
with the highest and best use of the land,” Coffman
said.
Attracting new and successful businesses is
something that River Ridge has excelled at over the
last 10 years. Since 2006, employment within River
Ridge has increased by more than 1,000 percent,
from 650 to 7,200 jobs, and helped sustain more
than 12,000 regional jobs. This equates to $1.7
Billion in economic input to the local economy,
$455 Million in labor income and $877 Million
in added economic value, making River Ridge
Commerce Center one of the main contributors
to Southern Indiana’s economic growth and job
creation.
For more information about Charlestown, go
to charlestown-in.com.
For more information about River Ridge, visit
riverridgecc.com.