A new business park, promising hundreds of new jobs, is being planned in the Crossroads area of Wood County.
NAI Harmon Group today announced its plans to purchase an 87-acre piece of land from the carpenters union for development of a Class “A” business park, the Harmon Business Park, located within Crossroads property. The announcement was made at a Wood County Economic Development meeting this morning.
“It’s a great opportunity for Rossford and the Crossroads,” said Wade Gottschalk, executive director of the Wood County Economic Development Commission. “It’s going to provide some much needed development up in that area.”
NAI Harmon Group is looking to attract at least 10 end users, totaling hundreds of new jobs for the area in the coming years. The first tenant to the park is slated to break ground in the third quarter of this year.
The entire investment is projected to cost more than $75 million upon completion.
The Harmon Business Park sits alongside Interstate 75, Ohio 795, and the Ohio Turnpike to attract warehouse/distribution and light manufacturing users. Also, the park will be within an existing TARTA route that will make it easier for employees to access their new jobs.
“I am committed to developing this project to the fullest and believe we must create jobs and opportunities to build a strong central metro area,” said Ed Harmon, president of the NAI Harmon Group.
The announcement was good news for Rossford officials.
“I believe this is the anchor the City of Rossford and Wood County needs to redevelop the Crossroads,” said Neil MacKinnon, mayor of Rossford.
NAI Harmon Group plans to partner with the City of Rossford and Wood County to accomplish this project. Harmon is working alongside the City of Rossford to address road, water and sewer infrastructure needs and zoning changes that will allow the area to expand now and in the future.
“This new business park and facilities will be designed to meet the demands that we are seeing in the market today,” Harmon said.
“I have been meeting with seven possible users for the Harmon Business park and I look forward to developing the property,” Stephanie Kuhlman, senior development agent for NAI Harmon Group.
NAI Harmon Group offers commercial real estate services including marketing, warehousing, logistics, construction, property management and more. NAI Harmon group was founded in March of 2016, upon the former Industrial Developers Limited affiliating with the NAI Global real estate network. The Harmon Group is new to NAI Global but not new to Northwest Ohio and commercial real estate.
Collectively, the team has more than 120 years in commercial real estate experience, according to a NAI Harmon Group press release. The managing partners currently own and operate more than 8 million square feet of real estate holdings, valued at more than $250 million, and the agents have completed over $300 million in real estate transactions for clients, the press release stated.
“We feel we can make a difference in the Northwest Ohio,” Harmon said.