New Industrial Spec Building in Tiffin Announced

Aug 13, 2021 | News, Newsletter

Land purchase proposed to Tiffin City Council

 

Nick Dutro
Tiffin-Seneca Economic Partnership

 

 

Tiffin-Seneca Economic Partnership (TSEP) has announced plans for a speculative or “spec” industrial building on a 12-acre site on Maule Road in the Eagle Rock Business Park. A purchase agreement between the City of Tiffin and Development Solutions LLC has been drawn up, and sale is contingent upon approval by Tiffin City Council.

Private investors will be building the structure, which is to be 50,000 square feet, will be expandable to 200,000, and will include office space. The shell for the building should begin construction before the end of 2021. The development of spec buildings is part of the City of Tiffin’s and Seneca County’s Multi-Jurisdictional Comprehensive Plan approved last year.

Tiffin Mayor Aaron Montz commented: “This strategic project will position Tiffin for new opportunities to grow our manufacturing base and bring good, high-paying jobs to our area. I am proud of the work we have done to bring this project to fruition and thank the investors who made this possible.”

TSEP Economic Development Committee Chair Dana Bennett said, “TSEP staff and our committee have been working for months to get to this point, and I am excited we can announce this project for our community. We feel strongly that this will position Tiffin and Seneca County to attract new industry, investment and jobs to our community.”

Previous spec building projects in Seneca County facilitated by TSEP, formerly the Seneca Industrial and Economic Development Corp., include TH Plastics, which was constructed by a private investor in 2018, and the buildings that house MBDS at Eagle Rock Business Park and QT2 and Sonoco at Northstar Industrial Park.

 

About the Tiffin-Seneca Economic Partnership
Started in 1983 as the Seneca Industrial and Economic Development Corp. (SIEDC), the Tiffin-Seneca Economic Partnership is a private, non-profit corporation dedicated to driving positive economic, downtown, and community development in Tiffin and Seneca County, Ohio, which consistently ranks among the top communities nationally for economic development. Learn more about the great things going on in Tiffin and Seneca County at www.tiffinseneca.org.

ODOD releases rules and program guidelines for Brownfield Remediation Program and Building Demolition and Site Revitalization Program

The Ohio Department of Development (ODOD) released rules and associated program guideline documents (Brownfield Remediation and Building Demolition and Site Revitalization) to govern the disbursement of $500 million in total grant funds for distressed properties in Ohio. Governor DeWine’s signature of H.B. 110 on June 30, 2021, set in motion the creation of two massive funding sources that are now available to community and economic development stakeholders: Brownfield Remediation Program (see R.C. 122.6511) and Building Demolition and Site Revitalization Program (see R.C. 122.6512).

read more

Companies Can Apply Now for Ohio Export Internship Program

The Ohio Export Internship Program matches businesses interested in growing exports with highly motivated college students who have taken export-focused coursework. The Ohio Department of Development offers participating small to medium-sized businesses a 50 percent reimbursement for the wages of the intern.

read more

Growth of Ohio’s Bioscience Ecosystem Presents Incredible Opportunity

This is an incredibly exciting and auspicious time for Ohio’s bioscience, health and life sciences industries, with incredible growth and massive record investment in recent years. In 2020, bioscience companies in the state attracted a record $3.3 billion from sources including venture capital, exits, angel investment, federal research grants and other state initiatives.

read more