One pertained to “vacating unnecessary right of way located at Prime Ohio II and directing the city clerk to notify the County of such vacation.” The other was “confirming and approving a short term agreement with the Community Improvement Corporation of Springfield and Clark County, Ohio, (CIC) for pre-development improvements at Prime Ohio II.’'
Both were passed by city commissioners Tuesday.
The name of the company that is behind the proposed distribution center has not been released. However, officials have been working with NP Springfield Industrial LLC, who is working on behalf of the client interested in building a facility at the industrial park.
The passing of the two ordinances on Tuesday follows discussions between local economic development officials and NP Springfield regarding the sale of approximately 115 acres of property at Prime Ohio II for approximately $4.7 million.
The CIC owns that land and has been in talks with NP Springfield regarding the proposed sale, that would put the price at $42,000 per acre.
Horton Hobbs, the vice president of Economic Development for the Greater Springfield Partnership, previously said that NP Springfield would be purchasing that land at Prime Ohio II that in turn be used by its client.
Hobbs said that the project to build the distribution facility depends on if local and state economic incentives are approved.
That includes an enterprise zone agreement that will provide a 100% tax abatement for 15 years regarding property at 1801-1830 Prime Parkway.
That abatement was approved by the Clark-Shawnee Local Board of Education last month and is expected to be voted on by Springfield City Commissioners in October.
The planned distribution facility will be the first built at the industrial park, located on Prime Parkway in Springfield, which was created in order to aid local economic development efforts. It was completed in 2014.
“To be honest we did not know when we would ever get that property bought so this is fantastic,” said Springfield Mayor Warren Copeland at the meeting on Tuesday.
“This is a wonderful opportunity,” said Estrop.
By the numbers
1,000 – Number of full-time and part-time jobs that could be created by a proposed distribution facility
114 – Number of acres at Prime Ohio II to be sold
$4.7 – The total amount those acres are to be sold for