The Hollingsworth Companies Starts Development of 1,000,000 SF of Industrial Facilities in Loudon, TN at the Intersection of I-75/I-40

The Hollingsworth Companies has started the development of modern industrial facilities that will total over 1,000,000 SF in Loudon, TN. The park is located just one mile from I-75 and less than 15 miles from I-40 in the Knoxville, MSA.

Loudon County, TN is home to some of the largest and most respected manufacturing brands in the world. This business-friendly community is located adjacent to major urban areas and is situated less than 35 miles from downtown Knoxville and a three-hour drive from Nashville, TN and Atlanta, GA. The community is also situated near five universities/colleges that include The University of Tennessee-Knoxville and the Tennessee Tech University. Tennessee is a right to work state with no personal income taxes on wages and the lowest state tax debt per capita in the country.

The location of this industrial park is just a few miles to the Tennessee River, Tennessee National Golf Course, and the Great Smoky Mountains National Park. This provides opportunities for: world class golfing, whitewater rafting, fishing, and hiking. This combination of a strong industrial labor force, quality of life amenities, proximity to major freeways, and low taxes make Huntington Park one of the most competitive locations to locate or expand an industrial operation in the Southeastern United States.

Huntington Park in Loudon was created to accommodate industrial projects from 130,000 SF to 500,000 SF. Construction has already started on two speculatively complete facilities of 130,424 SF and 195,360 SF. The facilities are being developed as single tenant, with a 32’ clear height, 60’ x 60’ column spacing, ESFR fire protection, and LED lighting as standard features. Both facilities will be completed Q1 2023 and are available for long-term lease.

The Hollingsworth Companies has also started construction on a 200,000 SF build-to-suit project in the park. The built-to-suit project required an accelerated construction schedule. Working closely with Varco Pruden on the steel building package, The Hollingsworth Companies was able to accelerate the total development schedule by six months, a challenging task in the current market with inconsistent supply chain deliveries.

The Hollingsworth Companies developed its first business park in Clinton, Tennessee. As the park neared capacity, Mr. Hollingsworth realized he needed additional sites to facilitate the growth of his business and chose to expand industrial projects throughout the Southeast. There were several criteria that had to be met, but the most important included close proximity to major freeways, tertiary markets with a strong workforce, and strong economic development agencies located in right to work states. The Huntington Park location is the newest in a long history of projects totaling over 20 million square feet of industrial space across 18 states. The Hollingsworth Companies is the largest developer of industrial space in tertiary markets in the Southeastern United States.

“Joe Hollingsworth participated as one of our first equity investors. In addition, Joe Hollingsworth has served as a board member and leading advisor for strategic planning and direction.” — Scott Kelley, President and CEO, Service Center Metals