Town of Brownsburg drives record economic investments through June 2022

The Town of Brownsburg continues to grow and develop thanks to a strong business climate and active economic development team. Beginning January 1, 2022 through June 2022, businesses have committed an estimated $207.8 million in capital investments in the Town, a 33 percent increase over 2021. These ventures will create more than 400 new jobs with a potential annual payroll of $19.3 million.

“Despite lasting effects and economic impact of the pandemic, 2022 is shaping up to be another record-breaking year for the Town of Brownsburg,” said Town Council President Travis Tschaenn. “Over the last couple of years, we’ve focused on refining our processes and promoting Brownsburg as open for business; you can see those efforts paying off as you drive through town.”

Multiple large investments are the driving force behind Brownsburg’s record-breaking mid-year results. Last fall, the Town of Brownsburg broke ground on a multi-million dollar logistics park along Ronald Reagan Parkway. Construction is underway on a distribution facility for Wisconsin-based boat engine maker Mercury Marine. As the structure of that building nears completion, the company is planning an estimated $16 million personal property investment to outfit the interior. South of Mercury Marine, a separate 512,000 sq. ft. distribution facility is also under construction.

Scannell Properties will begin construction on phase 2 of the Ronald Reagan Logistics Center this fall, including four buildings anticipated to produce over $129 million in capital investment, create a minimum of 200 new jobs and generate an estimated $7.9 million in annual payroll.

Early in 2022, woman-owned business Acorn Distributors announced the relocation of its company headquarters to Brownsburg. Construction is currently underway on a 125,000 sq. ft. facility, which is estimated to bring in $11 million in capital investments. 

Duke Realty is constructing two spec buildings off of N. C.R. 1000 E. with an estimated capital investment of $45.2 million for the entire project.

Browning is planning the construction of two spec buildings near the intersection of Main St. and W. Northfield Dr. with an estimated capital investment of $22 million for the project.

“The Town of Brownsburg hit a new level for business attraction and expansion opportunities over the last six months,” Town Manager Deb Cook said. “These achievements are the result of our strategic focus on diversifying our tax base. Brownsburg’s highly-educated workforce, shovel-ready locations, excellent quality of life amenities, and low cost of doing business have attracted exciting projects and global companies.”

In addition, Brownsburg is thrilled to welcome several new small businesses and local expansions to the community. Main Street Dental Care owner Dr. Sharma invested over $1.5 million into building a 7,019 sq. ft. multi-tenant commercial building along Main St. Coffee, wine, and tea shop, Brown Skin Coffee, opened on Green St. in June. Press Play Gaming Lounge celebrated the installation of a new VR gaming feature, the Omni Arena, one of only 50 in the entire world.

Looking ahead, Cole Group Realty, owner of the Brownsburg Square shopping center on Green St., have signed leases with several new businesses, including Sportsman Warehouse, Michaels, and Crumbl Cookies. Flaherty & Collins plans to develop a mixed-use, multi-family development just north of the existing Arbuckle I development on Green St. The Arbuckle II project will include 100 residential units and 3,600 sq. ft. of retail space.

About Brian Scott

I play on the radio from 7 am -1 pm weekdays on 98.9 FM WYRZ and WYRZ.org. Follow me on twitter @WYRZBrianScott or e-mail me at brian@wyrz.org.

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