Phoenix Team

Phoenix Receives State Grant for Huron Campus Demolitions

As originally published by NewsChannel 34. Phoenix Investors is receiving a big boost in its effort to clear away some of the dilapidated factory buildings on the Huron Campus. Phoenix is getting 6 million dollars in Restore New York state funding to tear down 550 thousand square feet of vacant industrial space at the northeast corner of North Street and McKinley Avenue. Removing the former IBM buildings will make space for a 10-acre, shovel-ready site for one or more of the businesses interested in ... Read More

New Distribution Warehouse Could Attract Rivian Suppliers

Originally published by Central Illinois ProudWisconsin-based developer, Phoenix Investors, celebrated its renovation of warehouse space in North Normal Friday morning.Located at 301 West Kerrick Road, the space previously sat vacant for 10 years after previous developments fell through. Phoenix Investors acquired the space in 2020 and the now 1 million square feet space will provide distribution space and logistics support to companies that lease it.The $60 million investment into the six-and-a-half football field-long property will hope to attract more businesses to Bloomington-Normal, now that there ... Read More

Neogen Opens Mt. Sterling Location with Nearly $10 Million Investment

Originally published by The Lane Report Neogen Corp., an animal and food safety product manufacturer, opened its new facility in Montgomery County, a $9.8 million investment creating 79 full-time jobs and furthering the Governor’s initiative to grow Kentucky’s agritech sector. Neogen has operated in Kentucky since located in Lexington in 1992 with the acquisition of ELISA Technologies. ELISA was formed in 1990 through a license agreement with the University of Kentucky to develop diagnostic test kits to detect abused and therapeutic drugs in racehorses ... Read More

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