Florida firm to construct $175M distribution centers in Shelbyville
A major industrial development will begin construction in Shelby County before the end of the year. Florida-based Blue Steel Development , a real estate firm specializing in industrial development, announced Nov. 5 it had acquired more than 309 acres along Old Finchville Road in Shelbyville for a two-building project called Steel 64. The development will cover almost 2 million square feet and include two Class A distribution centers at around 1.4 million and 363,000 square feet, each designed to fulfill a variety of needs, according to the company's news release. Austin Jones, founding principal and president of Blue Steel Development, told The Courier Journal the projected total project cost is $175 million. Steel 64 is located less than a mile from Interstate 64, 28 miles from downtown Louisville and 50 miles from Lexington, "placing the site within reach of both major metro areas and their respective labor pools," Blue Steel Development officials said. Jones said the number of employees has not yet been determined and is dependent on leasing details. According to the release, Steel 64 will be located near a host of other manufacturing and distribution users, including Walmart, Ford, Kuehne+Nagel, Stanley Black & Decker, Builders FirstSource, voestalpine and
