CITY
PURCHASES 12 ACRES
IN INDUSTRIAL PARK
 April 5, 2000
The City of Cape Girardeau recently purchased 12 acres in the Six Thirty
Industrial Park. Tom Kelsey, broker for Lorimont Place, Ltd., who handled the transaction
said the land site is located on Corporate Circle, east of the Dana Plant and north of
Midsouth Steel Products.
Kelsey said it is his understanding that the city has plans to eventually build a new
maintenance facility on the site, which would replace the existing operation on North
Kingshighway. Up to 75,000 square feet of office space, shop and storage facility could
occupy the recently purchased land tract within the next three to five years.
The industrial development is already home to over 17 Cape Girardeau companies, with
several on the drawing board for constructing new buildings. Projects underway in the
industrial park include Jim Wilson Company, who will relocate into a 70,000 square foot
warehouse/operations facility and the recently completed Rental Service Corporation
located between Ryder Transportation and Cape Central Publishing. Plans are also underway
to build up to a 100,000 square foot public warehouse on a five-acre tract just west of
the Dana Plant. Santie Wholesale Oil Company from Sikeston, who purchased property a few
years ago still plans to construct a facility on a site just west of Cotner Electric in
the near future.
Kelsey said his company; Lorimont is handling most of the sales for the development and
offers land tracts from 1 to 12 acres. Another 3.25-acre parcel has also been sold and
announcement will be made in the very near future regarding this sale.
|
