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May 17, 2022updated 27 Jul 2022 5:18pm

Construction commences on $50m New Albany 525 Speculative Industrial Building in the US

By Carmen

Construction work on the $50m New Albany 525 Speculative Industrial Building located in Ohio, the US commenced in Q2 2022. It was announced in Q3 2021.

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The project involves the construction of a 48,729m2 New Albany 525 speculative industrial building on 16.9ha of land in Ohio, the US.

The project includes the following:

1. Construction of storage units2. Construction of office space3. Construction of distribution units4. Construction of truck courts5. Construction of packaging units6. Construction of parking spaces7. Installation of safety and security systems

Construction on the project, spread across 17 hectares, is expected to be completed by Q4 2022. the US-based red architecture + planning is the architect and engineering design consultant for the New Albany 525 Speculative Industrial Building, while City of New Albany is the planning authority.

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With supply chain disruptions and inflation creating new challenges for delivery teams, design-build projects are booming. This e-book looks at the 3 essential tips a project delivery team must consider when delivering a successful Design Build project.
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