Officials Cut Ribbon On Promising Cadiz Spec Building

Sooner or later, Wabash, Load Covering Solutions and the Cadiz Water Treatment Plant will have a new neighbor.

It’s only a matter of time.

Officials from Trigg, Christian, Todd and Caldwell counties gathered together in Cadiz Wednesday afternoon — cutting the ribbon on a recently-completed 100,000 square-foot spec building, nestled nicely in the I-24 Business Park.

Located a few thousand feet from U.S. 68/80 corridor and west Kentucky’s main thoroughfare, the property comes ready for commerce and industry of all varieties. It possesses two loading docks, enough extra property to expand another 100,000 square feet, it’s 38 feet at the eaves, and maintains a wide spacious floor.

Furthermore, its ground is soft dirt and gravel — something South Western Kentucky Economic Development Council Executive Director Carter Hendricks said makes the building even more marketable.

More importantly, and impressively, was the completion of this shell. Economic leaders and Hartz Contracting of Owensboro broke ground for the project November 30, 2022 — a bitterly cold afternoon nearly one year to the day.

The building has actually been well up since before Wednesday, and has already been host to a handful of interested visitors.

Now, it’s all about the finding the right fit.

Grant funding contributors included Team Kentucky’s Cabinet for Economic Development, the Tennessee Valley Authority and the Kentucky Association for Economic Development. Financing came from Bank of Cadiz & Trust Company, Planters Bank and United Southern Bank.

Emily Jones, Kentucky Regional Consultant for TVA, said the electric-generating giant simply recognizes the importance of having available product in the marketplace — and works to make sure of its existence within the grid’s footprint.

Amanda Davenport, chair for the KAED and Executive Director of the Lake Barkley Partnership, called the occasion a culmination of vision, hard work and testament to what collaboration can achieve — especially under the Kentucky Product Development Initiative.

Cadiz Mayor Todd King, as well as Judge-Executive Stan Humphries, paid a nod to previous Judge-Executive Hollis Alexander and his fiscal court — which put several of these original measures into real motion.

Humphries also called Wednesday a “fabulous opportunity” and a “blank slate, make-of-it-what-you-will-moment” for Cadiz and Trigg County — not so dissimilar to those days when Hoover first arrived in the area.

He also cited regionalism as a key to Wednesday’s fruition, and noted the building can expand if the growth and belief demands it.

Humphries also noted that if anyone is looking to buy the building, conversations can be had now. Hendricks doubled down offering his phone number: 270-348-6226.

Utility partners involved are Pennyrile Electric, Atmos Energy, Cadiz Water & Sewer and energynet.

And the building is located on 322 International Drive in Cadiz.

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