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Tuesday, June 25, 2013

New Industrial Park in the Works in Canton

From The Canton Repository:
On Wednesday, the Canton Community Improvement Corporation acquired 17 parcels between the 2200 and 2400 blocks of 13th Street NE that were previously in foreclosure. The CIC paid a total of $564 for the properties in deed preparation, recording and transfer fees. 
The former Weber Dental and Ohio Cast Products sites bookend the prospective industrial park that Joseph A. Jeffries Company plans to develop. The CIC has plans to acquire two more parcels where existing businesses operate. Those businesses will relocate within the city, Development Director Fonda Williams said. 
The developer already has tenants in mind, even though the project is two to three years away from beginning. 
“We hope to have (a role in the project),” said Bill Jeffries, a partner in the development firm. “You’re talking about a two- or three-year plan. ...The advantage of that site, of course, is its location. It has access to rail and is a multi-acre site in an industrial area. You could attract a whole lot of people there.” 
Jeffries said tenants could include the oil and gas industry.
Read the entire article here.

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