Wilmington DRIVE Program Makes Strategic Acquisition

Nov 22, 2023News, Newsletter

Ruth Brindle
Clinton County Port Authority

October 3, 2023

WILMINGTON DRIVE PROGRAM MAKES STRATEGIC ACQUISITION

The Program Closes on the Masonic Lodge Site in Downtown Wilmington

(Wilmington, Ohio) 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.

The purchase provides site control for redevelopment and will allow for strategic planning to begin on potential redevelopment. The site, the historic home of the Wilmington Masonic Lodge, as well as home to many other retail, office, and art studio spaces over its history, is a strategic keystone location in downtown Wilmington and has been the focus of many local redevelopment conversations over the years.

Excited to work in collaboration with the Port Authority, Wilmington College has agreed to provide a study that will evaluate development of the building for multiple uses, including education, workforce development, and general commerce. “This is a valuable opportunity for a public-private partnership with true positive economic impact for the community,” noted Alex Beres, Executive Director of the Clinton County Port Authority.

The Wilmington DRIVE’s mission is to enhance and help accelerate Wilmington’s downtown revitalization, encourage creative adaptive re-use and mixed-use development, and reduce the financial barriers to investing in the community’s urban core, while preserving strategic, historic, and significant real estate assets that help define the urban fabric of downtown. That mission aligns with Wilmington College’s goal to operate within the building to deliver on programmatic goals of the College that align with the broader goals of economic and community development initiatives.

The DRIVE program is designed to facilitate new private sector investment, generating new job creation and downtown housing opportunities, adding market opportunities for existing and prospective retail, dining, entertainment, and service businesses in the community. The initial round of funding for the program was provided by the City of Wilmington, Clinton County Board of Commissioners, and the Community Improvement Corporation of Wilmington. The Clinton County Port Authority (CCPA) is responsible for managing the Wilmington DRIVE program on behalf of the funding partners.

Updates and frequently asked questions about DRIVE projects can be found on the Port Authority’s website at ChooseClintonCountyOH.org/doing-business/wilmington-drive.

 

About the Clinton County Port Authority

The Clinton County Port Authority is a special purpose government formed to operate transportation infrastructure and lead economic development efforts. Designated by the County, City of Wilmington, and the CIC of Wilmington as the lead Economic Development agency for Clinton County, it coordinates with the Dayton Development Coalition and JobsOhio to attract jobs to, and retain jobs in, the area. It owns and operates the Wilmington Air Park, Ohio’s top ranked cargo airport, an integrated aviation and logistics business park located on 1,900 acres with nearly three million square feet of industrial, office and hangar space, which was named the Best Airport in Ohio in 2020, 2021, and 2022. The Port Authority was recognized as one of Ohio’s Best Workplaces in 2020, 2021, 2022, and 2023. Learn more at www.ChooseClintonCountyOH.org.

Resilience Wins James A. Wuenker Growth Award

RESILIENCE WINS JAMES A. WUENKER GROWTH AWARD In December 2023, National Resilience, Inc. (Resilience) announced an expansion expected to create 440 new jobs and a $230 million capital investment at its West Chester Township headquarters. Resilience is a...

read more

West Chester Commercial Market Continues to Prosper in 2024

West Chester Commercial Market Continues to Prosper in 2024 West Chester Township is known to be a great place to eat, shop and play with its wide variety of first-class commercial developments. The attraction just grew with the opening of the new Bass Pro Shops at...

read more

Toledo-Lucas County Port Authority Rating Upgrade

IMMEDIATE Contact: Holly Kemler Toledo-Lucas County Port Authority Director of Communications 419.260.9981  S&P GLOBAL RATINGS UPGRADES PORT AUTHORITY RATING TO “A” FOR NORTHWEST OHIO BOND FUND  TOLEDO, Ohio, April 8, 2024 – S&P Global Ratings (S&P)...

read more