BOWLING GREEN, Ky. (WBKO) -- Bowling Green and Warren County officials gathered today for the groundbreaking of another speculative building at the Kentucky Transpark. Once completed, the building will be on the market for potential buyers, who will likely bring the need for jobs with them.
"They always look at existing buildings first, and if we can provide a building that has the expansion ability, and the quality and the height and size they want to start out with, then we end up on the short list of an awful lot of projects," said Warren County Judge Executive Mike Buchanon.
At first, they look like fairly simple structures, but they have plenty of room for growth and alteration.
"When you walk in, the floor will be gravel. All of the electrical and heat and air is going to be roughed in, so whoever comes to look at this building, they can tailor it to fit their specific needs," said Economic Development Authority Chair Brad Howard.
It's the fifth building of it's kind in the transpark, and Buchanon says it's taken less than a year to find occupants for the first four. Buchanon also says it's a great way to bring jobs to the area without taking money from the taxpayers.
"Economic Development Authority is a separate legal entity. It's not affiliated with Warren County or the city of Bowling Green, so we do have private dollars, and we're also receiving some help from TVA. They're a good partner," said Howard.
Howard says while it hasn't cost the city or county taxpayers anything, making speculative buildings a success has required teamwork from officials on both sides. Companies like Alpla and American Howa now occupy the existing spec buildings, and Howard says there's room in the transpark, and plans in the future, for even more buildings.