Port of Indiana-Jeffersonville aerial (copy)

The Port of Indiana-Jeffersonville

INDIANAPOLIS (AP) — Indiana has scrapped plans to buy land at an Ohio River site under consideration for the state’s newest shipping port, Gov. Eric Holcomb announced Thursday.

Holcomb said it would take years to clean up the site, making it not financially viable. The Ports of Indiana entered into an agreement in 2017 to reserve the option to buy up to 725 acres near Lawrenceburg, just west of the Indiana-Ohio state line. State officials conducted an evaluation of the site, including environmental conditions.

“While I’m disappointed this particular site is not feasible for this purpose, I am committed to working with the Ports of Indiana and all the dedicated business and local elected leaders in southeastern Indiana to explore other possible locations in the region,” Holcomb said in a statement.

Indiana already has three ports operating on the Ohio River, including one at Jeffersonville, as well as a port on Lake Michigan. They contribute an estimated $7.8 billion each year to the state’s economy, state officials said.

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