Innovation Building 1

Innovation Building 1 is a 253,000-square-foot speculative building situated inside the New Albany International Business Park, a Class A park featuring one of the most robust fiber optics networks in the region. Conveniently positioned on 33.4 acres, Innovation Building 1 boasts easy access to three major interstates including Interstates 270, 70, and 71. Rear-loaded with 25 docks (space to add 26 more) and up to 255 parking spaces. Building incentives included a 15-year 100% tax abatement.

Innovation I was completed in December 2020. 158,000 square feet was immediately leased to Voyant Beauty, a supplier of beauty and personal care products. A leading manufacturer leased the remaining 95,000 square feet, making Innovation I 100% leased.