MICHIGAN CITY — The northeast corner of the Interstate 94 and U.S. 421 interchange will soon be home to 300,000 square feet of light industrial development, according to Great Lakes Capital plans supported by county officials.
Isaac Hall, a financial analyst with the Goshen-based development firm, said space in one of the buildings will be available to lease by smaller contractors and companies involved in warehousing. Hall said a majority of the space will be for logistics or light manufacturing.
“We’ve done 15 plus of these developments across the Midwest,” he told the LaPorte County Commissioners, who opened the door for the project last week by changing the commercial zoning of the property to manufacturing at the developer’s request.
Great Lakes Capital expects to invest $29 million on the 33-acre site, with construction of the concrete buildings expected to begin in the spring.
Matt Reardon, Executive Director of the LaPorte County Office of Economic Development, said the largest structure will contain about 200,000 square feet, with another 76,000 square feet available for smaller contractors and other businesses like a machine shop.
Reardon said the amount of space required by each company will be customized by the placement of walls on the inside of the structures where needed.