Port Authority receives funds for Jeep site clean-upWritten by Duane Ramsey | | email@example.com
The Toledo-Lucas County Port Authority was the recipient of nearly $4.5 million in grants from the Clean Ohio Revitalization Fund for demolition and remediation activities at the former Jeep site near the I-475 and I-75 interchange in Toledo.
The Port Authority will receive $2.99 million to demolish existing building foundations and remediate impacted soils on the site at 1000 Jeep Parkway. It plans to develop an industrial park for alternative energy and other emerging technologies, according to earlier reports from the Port Authority.
The State Paper and Metal Company plans to expand its operations and build a 45,000 square-foot building on the property creating 22 jobs, according to the press release announcing the grants from the Ohio Department of Development.
The Port Authority was also a recipient of a $1.49 million Sustainable Reinvestment Pilot Track award for urban waterfront property on the same site. The funds will be used for demolition and remediation of impacted soil there.
The Port Authority plans to develop that location into an urban waterfront park along the Ottawa River. The park would include multiple trails and a riverfront walk, according to the press release.
The University of Toledo has committed $3 million to install solar arrays in the proposed riverfront park.
The grants were among more than $27 million in Clean Ohio Revitalization Fund grants announced June 29 for 17 brownfield clean-up projects in the state. The grants are contingent upon approval by the State Controlling Board, according to the Ohio Department of Development.
“The investments are an important first step towards revitalizing brownfields, which can often be an eye-sore for communities and a deterrent to reinvestment by surrounding businesses,” William Murdock, director of the Department of Development’s Urban Development Division, stated in the press release.
“The Clean Ohio Revitalization Fund not only works to transform neighborhoods, but also provides hundreds of job opportunities for Ohioans,” Murdock stated.
The Clean Ohio Revitalization Fund is a competitive statewide program that provides grants of up to $3 million to acquire property, demolish structures, conduct environmental cleanup, and improve infrastructure.
Since its inception, 118 Clean Ohio Revitalization Fund projects have received more than $250 million, leveraging $2 billion in private sector investment, while creating and retaining more than 14,000 jobs, according to the Ohio Department of Development.
The Clean Ohio Fund protects and restores natural and urban places by preserving green space and farmland, improving outdoor recreation, and by cleaning up brownfields to encourage redevelopment and revitalize communities. For more information about the fund, visit www.clean.ohio.gov