LORDSTOWN - A partnership of the Youngstown / Warren Regional Chamber, Ohio Commerce Center ownership, Routh Hurlbert Real Estate and ms consultants received the Industrial Development of the Year Award from the Northern Ohio Chapter of the National Association of Industrial and Office Properties at its Awards of Excellence reception last week.
The group was recognized for its work in obtaining and managing a $2 million Ohio Job Ready Site Grant in 2012 targeted at major development of the Ohio Commerce Center.
The Regional Chamber was designated by the Ohio Department of Development as the grant recipient for the project, serving as its economic development community facilitator. Owners of the property are George and Spiro Bakeris. Routh Hurlbert is the real estate broker for Ohio Commerce Center, and ms consultants drew the site plans for the project, according to information released by the local chamber.
This project was among seven to receive an Ohio Job Site Ready Grant in 2012. There had been 30 statewide applicants. The grant was to prepare 266 acres of industrial and manufacturing space for future development, including road resurfacing, railroad crossing and line improvements and the modification of the state Route 45 bridge.
Some of the upgrades, expected to be complete by early summer, will allow additional railcar storage and a loop track to enable the handling of unit trains.
"It is always a compliment to be recognized for such accomplishments. This project had a lot of moving parts and could not have been accomplished without a strong partnership and the ownership of the OCC, George and Spiro Bakeris, leading the charge," said Sarah Boyarko, Regional Chamber vice president of economic development, business retention and expansion.
Ohio Commerce Center is a 1.5-million-square-foot facility on 476 acres on Route 45 with manufacturing, storage and distribution space. The complex consists of nine warehouses, eight outdoor concrete storage pads and additional outdoor storage.