Progress continues on development of former Jeep site by Port AuthorityWritten by Duane Ramsey | | email@example.com
Progress continues on the development of the Overland Industrial Park project on the 100-acre site of the former Jeep manufacturing plant in Toledo.
“Public development has never been involved in this kind of project before. I’ve never had such public support for a project like this one,” Matt Sapara, vice president of the Toledo-Lucas County Port Authority, said about the Overland Industrial Park project.
Sapara said that the public’s interest in this project has surpassed any other development project the Port Authority has undertaken due to the history of the former Jeep site in the community dating back to 1888.
The development project is being undertaken by the Port Authority in three phases, according to Sapara.
Phase one involved the remediation of the brownfield site which has been completed. Work is nearly complete on phase two which has involved removal of the heavy foundations of previous structures on the site, reported Sapara.
The Port Authority is preparing to begin work on phase three of the project that will involve infrastructure development of roads, sewers and utilities on the 100-acre site.
Designs of the proposed main entrance to the site off Jeep Parkway and an additional access road off Central Avenue are complete and have been approved by the City of Toledo, Sapara reported.
The Port Authority will be seeking bids for the construction of the roads, sewer, water, gas and electric utilities on the site. Sapara said they expect to ask the Port’s board of directors for approval to award a contract for that work at the next board meeting scheduled for March 28.
Construction of the access road is scheduled to begin later this year. That road would eventually connect with Jeep Parkway at Central Avenue.
The first spec building will be constructed on the southeast corner of the site near Central Avenue with the Port Authority and Harmon equally sharing the costs for the construction of that first building.
Sapara reported that they are in discussions with a third party about locating in the Overland Industrial Park. He said that people would recognize the name of the potential tenant for the project when they have a final agreement to report.
Construction of the main entrance off Jeep Parkway at the base of Willys Parkway would not begin until 2015, according to Sapara.
The Port Authority has contracted with Harmon Family Development Corporation based in Columbus to market the site. Sapara said that Harmon has a proven track record in development and marketing sites around the world.
Representatives from Harmon, the Port Authority, Regional Growth Partnership, and State of Ohio met with commercial real estate brokers who work with automotive suppliers in Detroit in January.