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EDA: Oppidan closes in Ashland; final Northlake II building under construction; Lakeridge Logistics space leased
Summary
Staff reported Oppidan closed on a property in Ashland and began pre-construction, the final building at Northlake II Industrial Park is under construction and due Spring 2026, and the last vacant space at Lakeridge Logistics Center was leased with a formal announcement pending.
Deputy Director Armon Smith updated the board on several major development projects. He said, “Oppidan has closed on the property in Ashland and has begun pre-construction activities,” and that construction is under way on the final building at Northlake II Industrial Park, with completion scheduled for Spring 2026; Smith said once that building is complete all spaces will be leased.
Smith also reported that “a company has leased the last vacant space the Lakeridge Logistics Center; a formal announcement may be pending.” These items indicate active private investment in the county and forthcoming public announcements tied to leasing and construction milestones.
