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Purchase Agreementpending

city-of-new-albany-council-meeting-agenda-august-19-2025_f28.pdf

New Albany Eyes $15M Land Acquisition

$15,000,000City of New AlbanyLHR INDUSTRIESAugust 19, 2025

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of New Albany is looking to purchase 49.424 acres of land from LHR Industries Inc. for $15,000,000. The parcel is located at 6500 New Albany Road East.

Contract Details

Contract Amount

$15,000,000

Vendor

LHR INDUSTRIES

Agency

City of New Albany, IN

Contract Type

Purchase Agreement

Document Date

August 19, 2025

Contract Term

NA

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