Land-Air Industrial Park on Friday hosted a “first look” at its latest building, a 105,000-square-foot, single-tenant facility scheduled for completion in December.
Advantages for prospective tenants include a 15-year tax abatement and the project’s location in a Joint Economic Development District (JEDD) with Swanton Township, the City of Toledo and Monclova Township. These partners also worked closely with JobsOhio and the Regional Growth Partnership on the Land-Air Industrial Park project, which will receive assistance through JobsOhio’s Ohio Site Inventory Program (OSIP) after a final agreement is executed.
Located across from Toledo Express Airport near the Turnpike interchange, the building will allow tenants to shuttle goods for inbound or outbound freight. The site also includes a slip-ramp to allow triple trailers, an efficient way to haul goods that is only allowed on the Turnpike. Northwest Ohio’s expansive highway system also allows for an extensive reach of employees.
Constructed with precast panel walls, the building is well-insulated and efficient. At just over 100,000 square feet, the building can easily be expanded to meet a tenant’s needs.
“Land Air is well-suited because it brings together logistics such as rail, turnpike, interstate and the airport,” said Brittany Craig, vice president, Danberry National Ltd. “This allows tenants to move product quickly and have access to the labor force, two of the most important factors in site selection.”
The OSIP program is intended to fill gaps in Ohio’s real estate inventory with real estate to ensure Ohio is more competitive for reactive site selection projects. In addition to the 105,000-square-foot speculative space to be delivered, OSIP funds will be utilized to extend critical infrastructure to not only serve the new building, but to prepare Land-Air for subsequent development opportunities at the 250-plus acre site.
“Every day, Ohio is competing with other states to attract investment and jobs, which is why JobsOhio and its partners are making it as easy as possible for businesses to succeed here,” said J.P. Nauseef, JobsOhio president and CEO. “The Land-Air Industrial Park is an example of how we can leverage this state’s strong partnerships and the Ohio Site Inventory Program to provide job creators the site development solutions they need to grow in Ohio.”
Poggemeyer Design Group is the architect and Rudolph Libbe Group is the design/build contractor.