Business First – January 15, 2021 (Partial Article)

Poe plans to establish the built-to-suit facility in a 142,000 -square-foot office and warehouse, with heavy truck loading and unloading areas, on Durrett Lane near Preston Highway. The project also calls for about 700 parking spaces for vans.

Louisville-based real estate firm Poe Companies is developing the complex for a major e-commerce company and previously asked the city to rezone the site from the C-1 and C-2 commercial districts to the PEC multipurpose district, according to city filings. The property had been home to a vacant 225,000-square-foot former bank processing center that Poe Cos. purchased in September 2019 through an affiliate, Durrett LLC, for $5.5 million.

Last mile facilities refer to the final step of the delivery process from a distribution center or facility to a user and are becoming increasingly popular in the U.S. as the demand for faster delivery grows.