NICK GOSNELL
Hutch Post
HUTCHINSON, Kan. — Hutchinson/Reno County Chamber of Commerce CEO Debra Teufel told Hutch Post that they are in a great position when it comes to the spec building in the city's industrial park.
"We are really, really close," Teufel said. "In fact, there are two companies that are negotiating with the owners of that building. Salt City Investments owns the development and they have been great community partners and are working close to inking a deal. The great news is there are two contenders for the building."
What isn't clear is if the two contenders are competing for the same project or not, but either way, it appears there is demand for space.
"They both are working on their own contract negotiations and need to lock some things in before they can commit to signing a lease," Teufel said. "Because they are so close, what we know is, Salt City Investments, just as soon as they get the first lease signed, will break ground on a second building and maybe even a third."
Having product on the shelf is important from a competitive standpoint when bringing in industry.
"We had a new inquiry come in that needs roughly that same amount of space," Teufel said. "I think, once we get the first domino to fall and we get that first lease signed, I think you're going to see more buildings just like it pop up in the industrial park."
The 22 acres that Salt City Investments purchased from the city is generally at the intersection of Enterprise Drive and Commerce Street, south of Siemens Gamesa.
The building is approximately 57,000 square feet and finished initially as a basic warehouse, with potential for expansion to 100,000 square feet if needed and rail spur access.
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