Innovation Building 1 is a speculative 253,000-square-foot building located within the New Albany International Business Park, a Class A park with one of the region’s most robust fiber optics networks. Innovation Building 1 is conveniently located on 33.4 acres and has easy access to three major interstates, including I-270, I-70, and I-71. The building is a rear-load with 25 docks (with room for another 26) and up to 255 parking spaces. Building incentives included a 15-year 100% tax abatement.

Innovation I was completed in December 2020. Voyant Beauty, a supplier of beauty and personal care products, immediately leased 158,000 square feet. The remaining 95,000 square feet was leased by a leading manufacturer, making Innovation I fully leased.