Boone County Commissioners have given the green light to Phase I of the highly anticipated 47 Commons project, a groundbreaking mixed-use development led by MCI Development LLC, an affiliate of Merritt Contracting, Inc. This pivotal decision signals a major leap forward in economic vitality, promising job growth, business expansion, and enhanced community amenities at the strategically located Interstate 65 and State Road 47 interchange.
Highlights of Phase I:
190-acre development at the southwest quadrant of I-65 and SR 47
New Merritt Contracting, Inc. headquarters
Shelby Materials’ debut Boone County location
Establishment of a natural Spring Creek buffer zone to distinguish technical services from commercial and residential areas
Retention of approximately 150 jobs with a combined payroll of around $11.5 million
Anticipated creation of 85 new jobs
$30 million investment for Phase I
Overall projected investment between $170–$200 million
Anchored by Merritt Contracting, Inc. and Shelby Materials, 47 Commons addresses two core objectives for Boone County:
Strengthening the local economy through tax base growth and grassroots business expansion.
Setting a benchmark for future commercial and residential projects along this key transportation corridor.
Andrea Kern, Boone EDC CEO, emphasized the project’s significance: “Approval of Phase I of 47 Commons underscores Boone County’s dedication to smart, sustainable development. Integrating innovative design, job creation, and regional investment, 47 Commons exemplifies forward-thinking growth. This project significantly boosts our competitive position and creates substantial new opportunities for businesses and families.”
As Phase I moves ahead, Boone EDC and its partners are committed to active community engagement, workforce development, and ensuring 47 Commons becomes a leading model for growth, connectivity, and quality of life.
About Merritt Contracting, Inc.:
Merritt Contracting, Inc., a family-owned Boone County business, specializes in civil, concrete, and steel construction for industrial, commercial, and municipal clients. With decades of regional influence and a commitment to excellence, Merritt’s new headquarters at 47 Commons highlights its enduring dedication to innovation and community investment.
