RFQ to Assist in the Development of a Commercial and a Residential Market Analysis
The City of Streetsboro, population 17,260, is located 19 miles east of Akron, 31 miles southeast of Cleveland, 40 miles north of Canton and 43 miles west of Youngstown. Kent State, Ohio’s third largest public university, is ten miles to the South. Streetsboro has the 7th busiest interchange on the Ohio Turnpike but the exit is the 2nd busiest in terms of intrastate travel (vehicles not traveling the length of the turnpike). Streetsboro is located at the eastern terminus of Interstate 480, and the subsequent beginning of SR 14. The city’s main tax revenue source is income taxes generated by the many large manufacturing companies located within the industrial parks, which are concentrated in plastics, metal fabrication, machinery manufacturing and logistics.
The city is soliciting proposals and qualifications from firms to assist in the development of a commercial and a residential market analysis. Identification of retail users that the market can support, as well as assistance in the modification of the zoning code to support redevelopment of shopping areas and creating new housing opportunities in a more rural context, are just some of the challenges that the selected firm will be required to address. Proposals are due no later than 10/7/2022.
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 more
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 more
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