Site development plan on the 425 Bypass in Henderson County approved

HENDERSON, Ky. (WEHT) – The Henderson Economic Development (HED) says Governor Andy Beshear announced the approval of a Kentucky Product Development Initiative (KPDI) grant regarding a Henderson County site.  

According to the HED, the project involves completing the due diligence on the site, making it more desirable for potential new industries looking to locate in Henderson. In total, the site is approximately 60 acres, owned by the city of Henderson and Henderson Water Utility. It is located on the 425 Bypass, adjacent to Pratt Industries. Completion of this project will be the first step in ensuring this site is ready for future industrial development. 

Officials say the scope of this project would include a boundary and ALTA survey, geotechnical exploration, Phase I environmental review, Phase I ecological and biological assessment, historical and cultural review, and a master conceptual plan for the property. The site is located on the 425 Bypass in Henderson, within the HED region of northwest Kentucky. 

Kentucky State Senator Robby Mills shared, “Congrats to HED on another great PDI application that is before the KEDFA board! The PDI program is one of the best economic development tools that we (the Kentucky Legislature) fund, making Shovel Ready sites available all over the Commonwealth. HED’s forward thinking in participating in this program will continue to make Henderson one of the best places in Western Kentucky to locate a new industry!” 

Officials say the Kentucky Product Development Initiative (KPDI), housed under the Kentucky Cabinet for Economic Development, funds up to $2 million per county per project site upgrades and infrastructure projects.