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Missouri company considers $32 million facility in Indiana

June 14, 2016

A Missouri development company is considering building a $32 million distribution center near a General Motors plant in northeast Indiana—its latest project in the Hoosier state.

Northpoint Development of Kansas City, Missouri, has filed paperwork with Allen County officials saying the plant will create at least 200 jobs that pay an average of $30,000 annually, with an annual payroll of $6 million. Plans show a 790,000-square-foot building with 80 truck bays and a possible expansion of 230,000 square feet.

A purchase agreement is scheduled to be discussed at the Allen County Redevelopment Commission in Fort Wayne on Tuesday. A tax abatement proposal that would save the company about $2.85 million in property taxes over 10 years is scheduled to go before the Allen County Council on Thursday.

Construction could begin in July, with completion in May 2017.

Northpoint isn't new to Indiana. The company is developing a 740,000-square-foot distribution center in Lebanon at Interstate 65 and State Road 32 on a speculative basis. The $25 million building on 67 acres could be expanded to more than 1 million square feet.

It also is developing a $10 million senior living center in Indianapolis at the southeast corner of West 86th and North Meridian streets.

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