Development Manager

Ambrose breaks ground on second phase of logistics park in Whitestown. October 9, 2026 Ambrose broke ground on Buildings V and VI of Indianapolis Logistics Park - Northwest, a 104-acre modern industrial park in Whitestown, Indiana, within the Greater Indianapolis market. The construction of the properties on a speculative basis commences Phase II of the park's master-planned development. Both properties are targeted for completion in summer 2027. This milestone follows the recent disposition of Building III at the park, which is fully leased to a global healthcare services and products company. The park's other existing buildings are also fully occupied, with Building I occupied by Safavieh, Building II by KattSafe and Royal Interpack and Building IV by Amazon. Once completed, Building V will offer approximately 182,000 SF of space for lease including 2,800 SF of office space with a minimum divisibility of 45,000 SF. The property, which is targeting LEED Silver certification, will feature a 32-foot clear height, a seven-inch-thick reinforced slab, 4,000 amps of power, dock-high and grade-level doors, and ample auto and trailer parking. Building VI will offer approximately 765,000 SF of space for lease, including 2,800 SF of office space with a minimum divisibility of 380,000 square feet. The building, which is also targeting LEED Silver certification, will feature a 40-foot clear height, an eight-inch-thick unreinforced slab, 8,000 amps of power, dock-high and grade-level doors, and ample auto and trailer parking. Situated within the Northwest industrial submarket of Indianapolis, the property is located just an eight-minute drive from I-465 via I-865, offering convenient connectivity to I-65, I-70, I-69, and I-74; and a 25-minute drive to Indianapolis International Airport, placing the property within a one-day's drive of 50% of the U.S. population. The general contractor on the project is Compass Commercial Construction, with design services provided by Curran Architecture and Kimley-Horn. The Indianapolis-based Colliers International team is managing leasing and marketing for the property. Ambrose has partnered with Fifth Third Bank on the construction loan. The offsite infrastructure work is being completed by The Peterson Company.

New facilities and expansions projected to create 174 Jobs and over $67 million in capital investment. By KCBD Staff Published: Aug. 27, 2026 at 12:13 PM PDT | Updated: 5 hours ago Provided by Lubbock Economic Development Alliance LUBBOCK, Texas (NEWS RELEASE) - Businesses across a wide range of industries and sizes, from nationwide operations to family-owned companies, continue to choose Lubbock as their place to grow. Terracon Engineering Consultants, Paramount Hardware and Supply, Redemption Aero, Ambrose, and Seals Commercial Holdings, LLC are helping drive community and economic growth by providing career opportunities for citizens and graduates in Lubbock through their business expansion projects in West Texas. Altogether, these businesses are projected to bring Lubbock tens of millions of dollars in new capital investment to the tax rolls and 174 new jobs, with a combined annual payroll of $11 million. Terracon Engineering Consultants, an employee-owned engineering consulting firm, is expanding its presence in Lubbock with a $6 million capital investment and the creation of 75 new jobs. The development represents continued growth in Lubbock's professional and technical services sector, bringing new employment opportunities and investment to the community. "At Terracon, we continually strive to be 'Best at People,' and Lubbock continues to be a key market for making that happen," said the West Texas Director of Regional Operations, Erin Loyd. "With its central location in West Texas, Lubbock provides high-quality talent in critical roles such as engineers, scientists and technicians. The expanding Lubbock facility will serve as an epicenter for our growing client demand while continuing to meet our standard of exceptional service." Paramount Hardware and Supply is a locally owned construction supply company serving residential and commercial customers throughout the region. As the company continues to grow, Paramount is expanding Lubbock operations to strengthen its distribution capabilities and better serve customers across West Texas. The expansion will include $3.8 million in investments to the company's facilities, along with the creation of 15 jobs, to support increased capacity and position Paramount Hardware and Supply for continued long-term growth in the region. Redemption Aero is developing a new aviation Maintenance, Repair, and Overhaul (MRO) operation in Lubbock and is currently undergoing the FAA Part 145 certification process. Once certified, the facility will provide services including inspection, maintenance, repair and return-to-service for commercial aircraft components and parts. Redemption Aero is investing an estimated $3.65 million to retrofit an existing facility, helping expand specialized aviation maintenance capabilities and support the commercial aviation supply chain in the region. The company plans to create 54 new primary jobs, with employees projected to earn $62.8 million over the next 10 years. Ambrose is an Indianapolis-based developer representing a U.S. automotive parts distributor looking to establish a new distribution facility in the Lubbock Business Park. Overall, this project is expected to bring a total investment of $14 million and 30 new jobs to Lubbock. Due to a limited number of large industrial buildings in Lubbock, local developer Seals Commercial Holdings, LLC is investing $40 million to build a 350,000-square-foot cross-dock speculative facility for traditional manufacturing and distribution operations. The addition will provide a turnkey facility that offers companies a streamlined way to establish operations, creating an opportunity for investment in its community and workforce expansion. "These new investments and jobs reflect Lubbock's continued strength as a crucial hub for a diverse range of industries," said President and CEO of the Lubbock Economic Development Alliance, John Osborne. "This growth creates new opportunities for our citizens and graduates, while generating economic benefits that extend throughout our entire region." The new facilities and expansions are projected to create a combined 174 Jobs and over $67 million in capital investment. About Lubbock Economic Development Alliance Since its inception in 2004, LEDA has assisted 330 companies with their expansion or relocation to Lubbock. These companies are committed to creating 14,433 jobs and investing more than $3.3 billion in new capital improvements that have resulted in $2.4 billion in value-added impact to the Lubbock area.