Holladay Properties is paving the way for additional modern industrial space options with the planned construction of the Aldridge Building in Michigan City.
The new building at 6101 Cleveland Ave. is west of the Haskell Building.
The tax abatement approval moves the project to its next steps, said EDCMC Executive Director Clarence Hulse.
“Holladay continues to invest in our city and county, and this space will provide a facility to attract new light manufacturing/assembly businesses and bolster our competitive edge,” Hulse said in a press release.
The speculative 54,000-square-foot flex industrial building is designed to accommodate one to four tenant spaces with potential for 6,750 square-foot suites. The Holladay team is also planning for the base building to have a total of eight dock bays, four drive-in doors and independent storefront entrances. Other features include LED lighting for the interior and exterior, ESFR fire protection system, 24 feet clear height, 130 feet deep truck corridor hi-lite and six-inch reinforced concrete slab floor.
“The more than $5 million investment creates another page in our marketing portfolio to bring in new business and create jobs in the industrial arena,” Michigan City Mayor Angie Nelson Deuitch said.
Ryan Kelly, Holladay Properties vice president – development, said the next steps for the project are finalizing construction plans and beginning the permit/approval process. The company aims to break ground in November 2025.
“Most businesses need immediate access to space when it comes to occupancy requirements,” Kelly said. “The Aldrige Building will position Michigan City to be able to respond and capture those businesses that might otherwise have located to nearby markets.”
Kelly said Holladay sees the direction of Michigan City’s momentum and the team seeks to be a vital part of the process.
“Holladay believes in Michigan City and La Porte County as evidenced by the various real estate development investments we have made over the past several years. We believe in the community, and we believe in the leadership,” he said. “We recognize the lack of industrial product available today and the impact this has on attracting and retaining the industrial segment of the economy.
