SALE OF FORMER INDIAN RIVER CORRECTIONAL INSTITUTE APPROVED

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PRESS RELEASE: Aug. 5, 2015

CONTACT: DEP Press Office, 850.245.2112, DEPNews@dep.state.fl.us

SALE OF FORMER INDIAN RIVER CORRECTIONAL INSTITUTE APPROVED

~Algae to Omega LLC to create 30 jobs at new factory~

TALLAHASSEE, Fla. – Today, Governor Rick Scott and the Cabinet members authorized the sale of the former Indian River Correctional Institute in Indian River County for $850,000 to Algae to Omega LLC. The property’s new owner intends to cultivate and market algae-derived products for nutraceutical, functional foods and personal care applications.

“The department is pleased that the sale of this surplus property will create approximately 30 jobs and give a welcomed boost to the Indian River County economy,” said DEP Secretary Jon Steverson.

The property is approximately 99 acres of surplus land, which includes 34 buildings totaling approximately 139,000 square feet. The facility closed in 2012, as part of the Florida Department of Corrections’ statewide consolidation plan.