KEDC starts second shell building
SYNERGY PARK CONTINUES TO GROW
By LESTER MURRAY news2@kilgorenewsherald.com
 | | During the groundbreaking held yesterday for the new shell building at Synergy Park, (photo left to right) Stephen Hundley and spoke to the audience, while Bill Adamson, KEDC president looked on. |
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Kilgore Economic Development Corporation, along with Kilgore Synergy Ventures, L.P. yesterday officially broke ground for a new shell building.
The building will sit on an 8.5 acre site at Synergy Park.
Amanda Nobles, KEDC executive director, said Roger Gault and Stephen Hundley are again partnering with KEDC to construct a second shell facility which will be 78,941 square feet.
The first "spec" building - 76,000 square feet - is completely leased.
Nobles said the new facility will be used for warehouse, distribution or manufacturing, will have a six-inch slab, 26-foot clear height and a 120-foot truck court.
KEDC is the limited partner in this venture and will contribute $800,000 to Kilgore Synergy Ventures towards the construction.
Bill Adamson, president of the KEDC board, expressed satisfaction - and some surprise - with the speed at which the first building filled up.
Nobles said the partnership resulted in the first shell building, directly adjacent to the new facility, being purchased by Turkeyland, L.P. That structure is now home to Cypress Interactive and Ed Suite, Stewart Stainless Supply, Berco of America and KEDC's Synergy Business Center.
The two buildings, one behind the other, will share a common parking area between their loading docks.
Nobles said Cleveland Steel Container, which has a commercial building nearing construction in Synergy Park, was first attracted to Kilgore's business campus by the original shell building. When they got here, she said, the decided they needed more room but were so taken with Synergy Park that they decided to stay.
Gault and Hundley designed the facility working with Jacobs & Associates of Plano. WRL has been selected as the general contractor and Perry B. Hall Company of Tyler will market the building.
The total cost of the building is expected to be $3.8 million.
Adamson introduced Gault and Hundley, who spoke at the groundbreaking.