State Street and I-265 is aland property for lease in New Albany, IN.
This site is located in a very strategic location in the city of New Albany near Floyds Knobs. Site is bordered by I-64, I-265 and State Street. This section of State Street is the one of the most sought after areas in Southern Indiana. The owners has had the PUD approved and depending on any changes if required a review may be necessary. The site plan shows a mix of retail, office, medical, general commercial and residential. The site has great views from the top of the hill and will offer great views for a hotel as noted on the drawing. The city has agreed to help with the road improvement upto $2 million (see attached letter from the city) from the intersection of State Street and Daisy Ln to the top of the hill. This site will offer some of the most unique vantage points for a development that will be unlike any other in the area.
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