Wednesday, June 12, 2013

Peter Cremer access road funded, building out to bid

The City of Cincinnati has been awarded a $500,000 grant through the Ohio Department of Transportation (ODOT) Office of Jobs and Commerce for a new public access drive into the former Conrail transfer station site between River Road and Southside Avenue in Sedamsville, which will provide access to the new Peter Cremer NA facility as well as additional development.

The funding is in addition to a $200,000 grant from the Ohio Development Services Agency and a $200,000 grant from the Hamilton County Transportation Improvement District. The City's Department of Transportation and Engineering will contribute a local match of $900,000 in capital project funds.

The project, which is expected to be completed by the end of the year, will include new pavement, curbs, and sidewalks, as well as new sanitary sewers and water lines, opening the 22-acre site for redevelopment.

City Council agreed to sell 8.9 of the 22 acres to Peter Cremer NA on May 15, which will allow the oleochemical supplier to construct a $4 million, 40,000-square-foot LEED certified office and warehouse facility. The company will add 50 jobs and retain 123 positions at the site.

The construction package for the new building is out to bid.

The remaining 46 acres of the Conrail site, located in adjacent Riverside, is owned by Neyer Properties.

Previous reading on BC:
City approves sale, development agreement with Sedamsville manufacturer (5/29/13)
City applies for $200K road grant for Sedamsville development (4/29/13)
Planning Commission Friday: Music Hall, Olive Garden, streetcar (2/14/13)
Peter Cremer NA receives LEED tax exemption for Sedamsville plant (1/29/13)
City approves rezoning for The Yards (7/17/07)