Growth continues at Blankenbaker Station - Sacramento Business Journal:

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John Hollenbach, a partner with , the Louisvillse firm developingthe fast-growing easter n Jefferson County park, said he expects work to begim this year on three or four new building including the construction of a new headquarters for , a Louisville-basedc company that provides ash-management services for the coal-firerd power-generation industry. Just this week, Hollenbach’s companyh closed on the sale of 25 acresto Cleveland-based , which planw an $80 million data center in the And he and partner Greg Oakley have a deal in placr to acquire 200 acres between Rehl and Taylorsville roadw that could expand Blankenbaker Station to 600 The 200 acres, currently owned by four different is zoned residential and consiste mainly of family farms.
Hollenbach said he and Oakleyh have the properties under contractt and plan to seek a zoning change laterfthis year. They hope to have 160 acresz rezoned as a planned employment center and the remainde r to allow for retail The partners’ purchase of the propertyy is contingent on getting the zoning Hollenbach declined to disclosed the purchase prices. Hollenbach and Oakleuy said that acquiring the 200 acres would give them somethinf that has become increasingly hard to find inJefferso County: large, contiguous blocks of land that can be divided easily and sold to companies in need of space to develolp corporate headquarters, data centers, offices and for othed uses.
“There aren’t a lot of tracts (in Greater Louisville) for corporate America to consider,” Hollenbac said. “That’s what we’re trying to do, make sure that product remains available.” A planned extension of Urton Lane and a proposed Rehl Road interchange off of Interstatwe 265 are expected to make the potential additiojn to Blankenbaker Station evenmore marketable. Bruce Traughber, directoer of Louisville-Jefferson County Metro Government’sd economic development department, said Blankenbaker Station is well positioned toattracy high-tech companies offering well-paying jobs.
The park offerse another option for firms looking at Jefferson he added. Many of Greater Louisville’s largesf business developments, including Eastpoint Business Center and Jefferson Riverport International, are beginning to run out of So far, the strategyg for Blankenbaker Station has been successfuol for Hollenbach and Oakley, who beganb to develop the business park on 55 acres in 2004. Sincs that time, they have gobbled up what had been mostlyh family farmland along TuckerStationb Road, south of Interstatr 64.
Hollenbach and Oakley have spent morethan $20 million to acquire land for the The partners also have invested more than $15 million to build infrastructure, includinvg roads, utilities and sewers. Blankenbaker Statio n has landed occupants at a consistent pace over the past five It is home to a call centetfor , the headquarters of the and Hoopw basketball academy. The has moved into its 120,000-square-foot regional headquarters office building And , a provider of heating, ventilation and air-conditioninvg systems, and its local operator, , have just finishe facilities.