Lorain, Ohio Waterfront Development Opportunities
The Lorain Port and Finance Authority (Lorain Port) and the City of Lorain, with the support of Team NEO and JobsOhio, are releasing Request for Proposal (RFP) documents for three waterfront development opportunities. The three properties are all publicly owned by either the Lorain Port or the City of Lorain. These properties include the Pellet Terminal (City owned), the southern portion of Black River Landing (Port owned) and the Boat Launch Facility (Port owned). Each of these properties has been identified for its highest and best use for development through a market study commissioned by the Lorain Port and the City of Lorain.
Additional details on these sites and more can be found in the RFP documents linked here.
Louis Dreyfus Company Announces Record Breaking Project in Wyandot County
Louis Dreyfus Company (LDC), a leading merchant and processor of agricultural goods, announced plans for its state-of-the-art soybean processing facility to be located in Wyandot County, Ohio. The project will bolster the region’s economic growth in the critical food and agriculture sector. LDC’s facility will be located just outside of the City of Upper Sandusky; it’s first location in the State of Ohio.
read moreMapping a Pathway to Successfully Access New All Ohio Future Fund Opportunities
The Ohio General Assembly, in its budget bill (HB33) approved July 3, 2023, authorized up to $750 million in state budget resources to the All Ohio Future Fund (R.C. 126.62). The fund is to be used for infrastructure to compete for — and win – more sizeable economic development projects such as the Amazon, Honda-LG, and Intel megaprojects that Ohio landed in recent years.
read moreWilmington DRIVE Program Makes Strategic Acquisition
The Wilmington DRIVE (Downtown Revitalization Investment Vibrancy Effort) Program, adopted a year ago, with the goal of enhancing and accelerating Wilmington’s downtown revitalization and encouraging creative mix-use development, made its first strategic acquisition, closing on the Masonic Lodge Site (28 W. Main St.) on September 29, 2023.
read more