Ask Axios: What are they building in West Jefferson?

👋 Alissa here. I spoke with David Kell, Madison County development director, about what's taking shape on Route 40, about 20 miles west of Columbus.

The intrigue: Nobody knows the warehouse will house yet because it's speculative construction, Kell tells Axios.

• That means the project doesn't currently have a tenant but builder Core5 Industrial Partners is confident it will when it's complete.

Context: Central Ohio is a hub of industrial activity and speculative builds, including a massive 1.1 million-square-foot warehouse now occupied by Home Depot not far from this project.

• As a whole, only 12% of Ohio's new commercial construction is "preleased," according to a report from real estate services firm JLL.
• Our skilled workforce, proximity to highways and freight capabilities by air and train make the region a development "sweet spot," the report states.

📬 Got questions about Central Ohio? Email [email protected] and we'll find the answers.