Indianapolis Developer Plans $124M Industrial Project in Butler County

A Scannell Properties warehouse in Minneapolis. Credit: Minneapolis St. Paul Business Journal

22 Jun 2026

News

Multiple public financing measures are in place for a $124 million development in Butler County.

The city of Monroe at its May 26 meeting voted to approve a pair of ordinances including a development agreement with Indianapolis-based Scannell Properties, a real estate developer specializing in build-to-suit industrial projects. The Monroe project, which goes by the name “Project Clear” in city documents, is a 390,000-square-foot food distribution facility with office space on roughly 100 acres of undeveloped land at 4850 Butler Warren County Line Road immediately south of Cincinnati Premium Outlets.

The project, according to city documents, is expected to create 93 new jobs, generating $6.7 million in new annual payroll, and retain 127 existing jobs, retaining $9.1 million in annual payroll.

The Butler County Finance Authority at its May 27 meeting voted to authorize a capital lease financing structure including the issuance of $130 million in revenue bonds for the project.

Read the Full Article Here.

More Topics

20 High Street, Hamilton Ohio. Nick Graham — Photographer/VideographerPhoto taken by

These New Businesses in Hamilton opened in Recent Months - and Here’s What’s Next

Jun 16 2026

Hamilton continues to see a broad wave of commercial, residential, hospitality and industrial development.That trend is supported by a steady pipeline of projects at various stages, from financing to pre‑construction to active building, while the city’s small‑business sector continues to expand with new retail, dining and service openings.“Businesses are investing...

Developer plans mixed-use project on shuttered bookstore site near Miami University

Jun 9 2026

A New York City developer is planning a mixed-use project on a prominent corner next to Miami University’s Oxford campus.Benjamin Federbush, of Varick Realty, is moving forward with plans to demolish and redevelop the long-vacant former Follett’s bookstore building at 110 E. High St.The project would replace the existing building...

The West Chester Trade Center as developed by Kansas City, Mo.-based NP Development. NP Development is planning a new five-building industrial park in Butler County.

Developer plans $131M industrial park in Fairfield

Jun 8 2026

An out-of-market developer will greatly expand its industrial presence in the Cincinnati market with a new project in Butler County.Kansas City, Mo.-based NP Development filed plans with the city of Fairfield for the Butler County Trade Center. The five-building industrial park will total 1.29 million square feet. It will sit...