Press
release 11-2-11
The Midwest Center for Foreign Investment
announced today that three businesses will be located at Clark’s Landing, the
former Colgate Palmolive plant in Clarksville, IN. Plans are being finalized for a healthcare
technology firm, and an international financial firm. In addition a warehouse has been leased and
occupied by Carton Croft this week. These
three companies will occupy 10% of the property; approximately 100,000 sq feet
of space will be used.
The Midwest Center for Foreign
Investment is a USCIS approved regional center in Kentucky and Indiana. MCFI helped to provide foreign investment
funds so that Boston Development Group could purchase the Clark’s Landing property
on January 18, 2011.
The development of the former Colgate
Palmolive plant site will have a major regional impact by embracing
Jeffersonville, New Albany, Louisville, and the entire community of
Clarksville. Katherine D. Johnson, COO of MCFI, works closely with
Indiana Economic Development and Kentucky Economic Development regional &
international offices. In the past 6
weeks alone, Johnson has coordinated tours of approximately 40 plus foreign
investors.
MCFI has secured funding for all
three of their current shovel ready projects.
Phase I of Clarks Landing will attract 98 foreign investors that would
create a minimum of 980 jobs at the location in 2012/2013. This will
encompass a broad spectrum of employment from service sector jobs to
professionals.
MCFI compliments President Obama’s
“job initiative”. MCFI is creating jobs
through foreign investment. In return,
the foreign investor receives a US Green card.
Jobs are created for local people.
Everyone indeed wins! The support from the town of Clarksville is so
very valued.
Andreas V. Kissal, Managing
Partner of Market Street Partners (www.marketstreet-partners.com), serving as real estate advisor to Dr. Jayesh
Sheth and Boston Development Group, remarked on the recent lease to Carton
Craft, saying "while this is a modest beginning, it is nonetheless
significant for the development of Clark's Landing. This
important first step results from the underlying financial
structure through MCFI and its public - private partnership of state
and local officials, foreign investors, local entrepreneurs and a local tenant.
This approach to real estate
development, unprecedented in the greater Louisville market, can be expected to
continue to bring significant value to the community in the form of jobs,
quality of life and economic growth."
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