TWO NEW SPECULATIVE MANUFACTURING FACILITIES BREAK GROUND IN NORTH ALABAMA

Product Dev 2023

MUSCLE SHOALS/FLORENCE, ALABAMA – Doster Program Management and The Shoals Economic Development Authority (Shoals EDA) break ground on two speculative industrial building projects in Northwest Alabama.

In 2023, The Shoals EDA committed to an ambitious endeavor to enhance the industrial product of The Shoals area to lure new manufacturing investment to the community. Thus, the 2023 Product Development Plan was passed by The Shoals EDA Board of Directors.

"To further our mission of promoting new businesses and employment opportunities for The Shoals community, our team and Board are committed to this Product Development Plan. These two new buildings will solidify The Shoals as a leading location for industrial projects. We eagerly look forward to starting the construction and are committed to finding the ideal tenant."

Kevin Jackson, President of The Shoals EDA
Shoals Research Airpark

As an integral part of the plan, the Shoals Research Airpark speculative building represents the best The Shoals has to offer in industrial building property. Located in a premier industrial park in Muscle Shoals, Alabama, the building stands at an impressive 250,000 square feet on an oversized building pad for additional expansion opportunities. The building is currently under construction and will be available in 2024.

Construction is also currently in progress on a new 150,000 square foot pre-engineered metal industrial building facility in Florence, Alabama. More than 90,000 cubic yards had to be removed from the site prior to construction. The Florence Lauderdale Industrial Park is expected to be completed in 2024.

Both projects were designed by CREATE Architects of Florence.

About Doster Program Management

At Doster Program Management, we take our client's objectives and develop a road map of management principles from inception to completion for a single project or entire program. As industry experts with more than five decades in the business, Doster Program Management has expertise in Industrial, Education, Multifamily, Senior Living, Hospitality, Healthcare, and Office/Retail. For more information, please visit www.dpmanagers.com

About Shoals EDA

The Shoals Economic Development Authority (Shoals EDA) is a professional organization dedicated to economic development in Northwest Alabama, including Lauderdale and Colbert Counties. The Shoals EDA aids companies that are planning new or expanded facilities. The Authority serves as a point of contact to the network of private sector and local, state, and federal government entities that support a company relocation or expansion decision. It is organized as a public/private organization funded by local governments and area businesses. www.shoalseda.com

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