Business climate heats up

Terry Lee Crossing site map. (Submitted)

Terry Lee Crossing site map. (Submitted)

The opportunities and options available in Noblesville are continuing to attract businesses to the city, according to Economic Development Director Judi Johnson. When asked what the top three new construction/renovations projects are in the city for 2014, Johnson provided the following information:

RZ Automation: A company that specializes in automation for robotics in industrial companies, RZ Automation is a 10-year-old enterprise that has outgrown its current space at 15223 Herriman Blvd. in the Stony Creek Business Park. In 2014 they will build a new building of approximately 15,000 square feet in the Noblesville Business Park (near 146th Street and Cumberland Road) with a capital investment of approximately $1,750,000 and purchase new personal property valued at approximately $125,000. When a business wants to expand and has outgrown its current business park location, multiple business park options to meet their growth needs are available in Noblesville. The average wage for new employees will be $65,000 with benefits.

Pharmakon Pharmaceuticals, Inc.: The long-term care pharmacy company took ownership and has begun renovation of a 40,000 square foot building at 14450 Getz Rd. in Saxony Business Park. Pharmakon Pharmaceuticals, Inc. is a manufacturer and distributor of pharmaceuticals and a service provider of a long-term care pharmacy. Pharmakon anticipates relocating 65 current employees to the site and plans on hiring 70 new employees by 2018. The company also will invest nearly $1.5 million.

Terry Lee Crossing: Ongoing work is being done by Terry Lee. This development will ultimately offer a new Terry Lee Hyundai dealership at the corner of Ind. 37 and Ind. 32 on the property. Terry Lee Crossing, when fully developed, will offer eight lots for sale located on approximately 33 acres. The balance of the 52 acre site is needed for floodway reconstruction and mitigation, storm water detention, and public rights of way. The Hyundai dealership is expected to create 76 jobs with an estimated annual payroll of $3.7 million.

New businesses

• New openings in 2013 include: Hobby Lobby, LA Fitness, Home Goods, Rio Grande Mexican Grill, Nemo’s, YAT’s, Vitamin Shoppe, Noblesville Family Chiropractic, Vom Fass, Pizza Hut Hazel Dell Road, Jiana Gifts and Tea, The Joint and Harbour Market.

• Planned openings in 2014 are: the Courtyard by Marriott, Tucano’s Brazilian Grill, Chuy’s, Terry Lee Hyundai, City Cafeteria, Wings Etc. and Panda(ology).

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