Since opening Sept. 1, RISE Commercial District of Noblesville has continued to grow.
“The Noblesville community has responded better than we could have hoped,” RISE President Jim Sapp said.
The Noblesville site, 605 Sheridan Rd., was the fourth RISE site to open.
“We have small warehouses and small offices for business and we also do short term,” said Sapp, a longtime Carmel resident who owns the company with his wife, Theresa. “Co-warehousing is the term we use. Forty percent of our businesses are Fortune 500. Obviously, the other 60 percent are small- to medium-sized businesses. They just need space to put some kind of equipment, especially during this period of time where many companies have downsized, and other companies are growing. We service companies from AT&T, hospitals, IT companies to plumbing, electrical or landscaping companies.”
Sapp said construction started in Noblesville a year ago and six buildings are built. The seventh is scheduled to be finished within the next two months. It opened Sept. 1 and Phase 1 will be completed by Jan. 1, 2021. Fourteen buildings are planned.
“We’re starting to fill up on those seven buildings,” Sapp said.
There are six different models of buildings with space ranging from 300 square feet to 3,000 square feet. They have electric garage doors.
“They share a conference room, offices and kitchen,” Sapp said of the businesses. “We have bathrooms throughout. We have a shared forklift. The companies can get the forklift, use it for 15 minutes and they put it back.”
The first RISE was in the Castleton area of Indianapolis in 2010 and has remained at 100 percent capacity even through multiple rounds of expansion. There also are sites in Greenwood and Columbus, Ohio. Future RISE sites are planned for Fort Wayne and three more in Ohio — two more near Columbus, Ohio and one in Toledo.
“We’re a unique first-to-market company that is growing very quickly,” Sapp said.
The buildings are open 24/7 in a gated community with video surveillance.
“Companies can come and go and get their stuff whenever they need it,” Sapp said. “We’ve worked to provide companies the amenities they need to grow and run a successful operation.”
For more, visit risecommercialdistrict.com.