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First business in new industrial park to be announced soon
By Beth Church
A final site plan and a tax incremental financing (TIF) agreement have been approved for the new Harmon Business Park in the Crossroads.
“They’re looking to start breaking ground,” Law Director Kevin Heban said at the March 13 council meeting.
NAI Harmon Group, a Toledo commercial real estate firm, purchased 87 acres from the carpenter’s union with a goal of attracting warehouse, distribution and light manufacturing users.
“Thank you for your investment in our community,” Mayor Neil MacKinnon III told president Ed Harmon.
“We will make you happy,” the developer responded.
The 87.7 acre property is located on the south side of Bass Pro Boulevard and west side of Lime City Road. It is across the street from the Carpenters Local Union hall.
The area is zoned PI planned industrial.
The site plan [at right] shows two roads in a T-shape. The main driveway, known as Harmon Parkway, ends in a cul-de-sac, as does the other road, Integrity Drive.
Council member Caroline Zuchowski Eckel noted that the cul-de-sac is 100 feet in diameter and questioned how that would affect fire engines turning around at the end of the street.
City Administrator Mike Scott explained that the cul-de-sac will not have curbing in its center–as roundabouts do–and so the fire trucks will be able to navigate it.
Councilman Robert Ruse suggested that the streetlights should match the others on South Compass Drive and Bass Pro Boulevard.
After the meeting, Stephanie Kuhlman, senior development agent for NAI Harmon Group, said she could not immediately disclose the name of the first company that will locate in the industrial park.
However, she expects to announce it within two weeks.
The company currently is located in Ohio, but not in Wood County. They would like to take occupancy by October.
The site plan shows three main lots, and these will be split off into smaller parcels and sold to businesses,
“We’re fast-tracking this because we have companies that want to go in,” she said. “We’re in talks with three other companies we’re really excited about.”
Infrastructure work should begin within three to four weeks, she noted, and that work will be paid by the 30-year TIF.
A TIF allows the city to collect an annual payment from the property owner–in lieu of property taxes–to be channeled toward development and infrastructure needs.
The development agreement between Harmon and city council sets a $3 million cap on public infrastructure work that will be funded by TIF dollars with city expenses not to exceed $225,000.
Infrastructure work includes construction of a paved roadway with an entrance from Bass Pro Boulevard, public water lines, sanitary sewer lines and storm sewer lines.
Other expenses that will be covered include engineering designs, soil borings, testing, surveying, inspection, excavation, seeding and mulching, electric and phone conduit, and fire hydrants.
Ms. Kuhlman said much of the initial work will take place simultaneously.
“The roads will go in at the same time as the first building,” she said.
Ms. Kuhlman thanked city officials for their cooperation with the new business park.
“It has been so incredibly easy to work with Mayor MacKinnon, council and the planning commission,” she noted. “They really want to make things happen. That’s not something we experience everywhere else.”
“We’re excited about the momentum we’re seeing,” she said.
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