
Ascend Apartments In Elizabethtown KY
Land | 15 acres
Marketing description
Elizabethtown has many economic drivers. The 2 largest are Fort Knox to the north, and the Blue Oval SK Battery Park to the south. Blue Oval SK Battery Park will have 5,000 employees, with a total of 8,000 considering all the supportive companies moving to Etown. As the Blue Oval SK industrial boom continues, a large industrial park has sprung up just across the highway from this site.
Elizabethtown offers an exceptional business climate that gives new and existing companies a competitive advantage. More than 9,500 people are currently employed by Elizabethtown’s growing manufacturing sector and supporting businesses. Elizabethtown manufacturers have invested more than $300 million in new and expanding facilities in the last few years – most of it across the street from this parcel. This success has led the Elizabethtown area to outpace the nation in job creation.
A developer can purchase and continue the ongoing plan, or revise as needed. Rezoning is easy in Etown, which is very business friendly. There is an existing contract for the retail portion from a large retail developer. One of the largest home developers in the country has sent a contract for the single-family portion. A townhome developer has expressed interest. The multifamily portions can be developed knowing that this is the only large multifamily development south of Etown, towards the new Blue Oval SK plant. All the others are north of town, away from the plant. Many of the 8,000 new employees will want to locate on the near side of town to work.
This is a unique opportunity to purchase an approved plan, Engineering plans, architectural plan for a 300 unit in a fantastic community.
Investment highlights
Prime Ring Road & Highway 62 location • 6 minutes to downtown Etown • 14 minutes to the new BlueOval SK Battery Park • Next to existing retail, fast food, banking and Central Hardin High School. • Highway 62 currently connects to the massive Bluegrass Parkway, but also has plans to connect to I-65.
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