Platform Real Estate Group to Develop Industrial Site in River Ridge

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River Ridge Tract 29B Aerial View


Platform Real Estate Group to Develop Industrial Site in River Ridge

River Ridge Tract 29B to be acquired by Platform Real Estate Group

Louisville, KY (February 20, 2023) – Platform Real Estate Group is excited to announce its newest industrial development project in the River Ridge Commerce Center. The newly acquired River Ridge Tract 29B is a 19-acre industrial development that will be home to 304,000 square feet of Class A industrial space located in Charlestown, IN.

Platform Real Estate Group, a joint venture between Thornton Capital and Denton Floyd Real Estate Group, was launched in 2021 with the mission to develop best-in-class industrial facilities.  The organization is an integrated industrial development company, providing strategy and planning, development and construction services, asset management, and investment management capabilities.

“Platform Real Estate Group is committed to delivering long-term assets that serve as critical infrastructure to supply, assemble, and manufacture products and provide services across the United States,” said Tom Jones, Co-Founder of Platform Real Estate Group and President of Thornton Capital. “We are excited about the prospects in our local community and more broadly throughout the country.”

River Ridge Tract 29B will be a Class A rear dock development that will feature a building depth of 320 feet, 69 loading docks (67 standard docks and 2 oversized docks), 185 feet in truck court depth, a 36-foot clearing height, 69 tractor trailer spaces, 180 current employee parking spaces, 32 future employee parking spaces, and 2 exterior galvanized steel stairs with an adjacent ramp for pedestrian access. Platform began construction of River Ridge Tract 29B in November 2022. AML Construction has been selected as the General Contractor.

"We are incredibly excited about the impact that our partnership through Platform Real Estate Group will have as we continue to build high-quality industrial assets like what we are bringing to the River Ridge area," said Tommy Floyd, Co-Founder, and Partner at Denton Floyd. "We believe that Denton Floyd’s philosophy of Building Better Communities aligns with Thornton Capital, and we are confident that Platform Real Estate Group will continue to develop quality assets locally and across the United States.”


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