Local Leaders Break Ground On New Industrial Park At Former Kordsa/Dupont Facility
Monday, October 24, 2022
Local leaders – including Mayors Tim Kelly and Weston Wamp – broke ground on the North River Commerce Center, a new industrial park in Chattanooga featuring 800,000 square feet of Class A commercial, manufacturing, and industrial real estate that will be built on 88 acres surrounding the Kordsa (formerly DuPont) facility.
The industrial park – which will consist of four buildings on three adjacent parcels – is strategically located 10 minutes from downtown Chattanooga, I-75, and I-24. Construction has begun and is expected to be completed by Fall 2023.
“Dirt is moving on this site that will soon be home to thriving businesses that support hundreds of local, good-paying manufacturing, logistics, and order fulfillment jobs,” said Matt Phillips, partner at Rise Partners.
“It takes significant community partnership and coordination to put together transformative projects like this. I cannot thank our team, investors, and local leaders enough for supporting the vision for the North River Commerce Center.”
Mayor Kelly said, “At a time when Chattanooga is emerging as a leader in next generation manufacturing, it’s more important than ever for us to manage smart industrial growth, so we can attract new businesses while ensuring our existing companies have space to expand. The North River Commerce Center will revitalize a long-vacant parcel of Chattanooga’s history with a modern, Class A industrial park, attracting hundreds of living-wage jobs and increasing tax revenue for local schools and infrastructure, all while helping preserve our sustainable future. This is a huge win for Chattanooga, and I’m grateful to City Council, County Commission, the Chattanooga Chamber of Commerce, and Rise Partners for their vision, leadership, and partnership in making today possible.”