The Economic Development Corp. Michigan City has announced completion of a deal to sell 100 acres of land next to Michigan City Municipal Airport to Tonn and Blank Construction, with the entire parcel now open for development.
The sale was coordinated by the economic development corporation and the city of Michigan City, which did a "friendly" annexation of the parcel and extended water and sewer infrastructure to the site.
Tonn and Blank Construction President and CEO Jon Gilmore described the property as “shovel-ready.”
“It’s all about the location,” Gilmore said. “There really is no other premium land for sale for manufacturing, logistical-type businesses in the Michigan City area right now.”
The 100 acres is located along U.S. 20 close to U.S. 35 and U.S. 20 as well as Interstate 94. The airport is across the street with access to the South Shore commuter railroad.
The space is also available for retail, commercial, hotel/motel and office space, according to Tonn and Blank and the Economic Development Corporation Michigan City. Other potential uses include residential such as assisted living development. All ideas are currently in the concept phase, according to the developers.
The land purchase deal was a result of the work of a special task force committee created by the economic development corporation to target potential sites in the area available for further improvement.