By Jim T. Ryan
5/19/2008
Lauth Property Group, an Indiana-based construction and property-management firm, today announced plans to begin construction on the first of three buildings for the Key Logistics Park in Cumberland County.
The first building will be nearly 1.2 million square feet off exit 37 of Interstate 81 in Penn Township, said Marc Lotter, a Lauth spokesman. Key Logistics Park includes 206 acres near the exit. The park is being built on speculation and build-to-suit basis, he said.
Site preparation is underway, Lotter said, and the first building could be completed by the second quarter of 2009. The company declined to release the total cost of building the park.
Construction on the second and third buildings would depend on market conditions, Lotter said. The buildings will have more than 3 million square feet of warehousing space.
Lauth Plans 3M-SF Distribution Park
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