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Project · New Albany, OH · Updated today

VTRE Development speculative facility on Worthington Road

Worthington Road between Beach Road and Lucille Lynn, just south of 161VTRE Development LLC / Van Trust Real EstateApprovedIndustrial

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Sourced from New Albany meeting, Oct 6, 2026. ZoneWire tracks 70 projects in New Albany, OH, updated within 24h of every meeting.

Where this stands

250,000-square-foot state-of-the-art speculative facility; uses include office, laboratory and research, manufacturing and warehouse; data center not contemplated; investment exceeds $20 million; 100-150 full-time employees; construction expected June 2027. 100% real property tax abatement for 15 years. Represented by Chris Penasevic of the Voorhees Law Firm.

Case factsSource: ZoneWire
Project
VTRE Development speculative facility on Worthington Road
Asset class
Industrial
Developer
VTRE Development LLC / Van Trust Real Estate
Location
Worthington Road between Beach Road and Lucille Lynn, just south of 161
County
New Albany, OH
Jurisdiction
New Albany
Current status
Approved

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IndustrialApprovedWorthington Road between Beach Road and Lucille Lynn, just south of 161New Albany, OH

VTRE Development speculative facility on Worthington Road

Approved

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