Master plan unveiled for redevelopment of Jeep propertyWritten by Duane Ramsey | | email@example.com
The Toledo-Lucas County Port Authority unveiled the master plan for redevelopment of the Jeep Parkway property at the site July 7.
“We’re here to celebrate the kick-off for the redevelopment of the new Overland Park development. This project has been embraced by everyone in the community and will fill a much needed hole in this community,” said Paul Toth, president and CEO of the Port Authority.
The 111-acre brownfield site will be redeveloped into a commercial and industrial complex with 30 acres for an urban park along the Ottawa River. The Overland Park development will occupy 70 acres of the Jeep Parkway property and offer from 900,000 to one million square feet of manufacturing and warehouse space in several buildings.
The master plan was developed with a focus on manufacturing and could become the home to new energy technologies or automotive suppliers with the potential expansion of the Chrysler Jeep plants, Toth said.
State Paper and Metal Company, which is located on Central Avenue at the west end of the site, purchased 15 acres for expansion. It plans to build a 45,000 square-foot addition that would create 22 jobs, according to Port Authority officials.
“Toledo has a rich manufacturing history and this site is a prime location for industrial and commercial development. We’ve already had some serious inquiries about the site,” Toth said.
Port Authority officials and Toledo Mayor Mike Bell cited the collaboration of local, state, federal officials, local companies and the University of Toledo in helping to move this project forward. Toth said they could break ground along the railroad bordering the site yet this year.
The Jeep Parkway Redevelopment Master Plan was developed in conjunction with TRACE, the Toledo Regional Architects, Contractors and Engineers coalition. TRACE was established to leverage the combined experience and expertise of local architects, contractors and engineers.
Toth said the Port Authority engaged TRACE to help it develop the master plan for the site. Twenty-four 24 local companies were involved in the development of the master plan by TRACE. The leadership group included four companies — Mannick & Smith, The Collaborative, SSOE Inc. and TTL Associates Inc.
The Jeep Parkway property has benefited from state and local remediation funds, most recently receiving two Clean Ohio Revitalization Fund grants totaling $4.5 million. Work is expected to begin later this year on the remediation of the site, according to Toth.
The Port Authority also received a $1.3 million Economic Development Initiative grant from the U.S. Department of Housing and Urban Development to cover expenses related to the purchase of the site. The Port Authority officially acquired the site for $95,000 on Oct. 3, 2010 with the goal of redeveloping it into a manufacturing center.
The master plan concept and property details are available at www.toledoportauthority.org/jeep.