Retail growth continues in Jeffersonville - WDRB 41 Louisville News

Retail growth continues in Jeffersonville

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JEFFERSONVILLE, Ind. (WDRB) -- The east end bridge won't be completed for another two and a half years. But it is already having an impact in Jeffersonville with new retail stores coming in the near future.

Large signs announcing the coming of several small retail shopping centers are now up at the intersection of Highway 62 and Kerry Ann Way in Jeffersonville.

The location is just south of the ever expanding River Ridge Commerce Center.

A four-acre vacant lot will soon become a new shopping complex to be called "The East Bridge Center."

It is being developed by the Coots Development Group.

"With the development of River Ridge and the employment growth there ... plus the traffic count on (Highway) 62 has already exceeded 33,000 cars per day, and with the east end bridge coming, this is the right time and the right spot," says developer Scott Coots.

He says the complex will house a Dollar General Store, a couple of restaurants and likely a bank.

Construction on the new complex is expected to begin near the end of May and be completed by October.

The area has changed a lot during the past decade, according to Jeffersonville Mayor Michael Moore.

"Years ago this was just a rural part of the county," says Moore. "Now, all of a sudden with the east end bridge coming, you've got major development."

The mayor promises that growth in this area will not get out of control. He says because nearby residents raised concerns, a parcel of land across the street from the East Bridge Center will not become what other developers originally wanted.

"They had proposed some mini warehouse units," says Mayor Moore, "I don't know of anyone who really looks at mini warehouses as positive growth."

Commercial real estate companies are bullish on the future in the area.

"We've been told that River Ridge has about 500 acres developed out of 6,000," says James Baker of Baker Commercial Real Estate, "so who knows where this might go as far as employment."

With River Ridge growing and the bridge coming, residential and retail growth here seems to have unlimited potential.

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