Planned Spec Building in Van Wert Expected to Attract New Investment + Jobs
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UPDATE: Spec building is nearly complete with availability in Spring 2023. For further details contact - Van Wert Area Economic Development Corporation at 419-238-2999 or info@vanwerted.com
Northwest Ohio will soon welcome the construction of a new spec building, offering potential businesses another attractive option for immediate operations startup.
Robinson Investments, LTD will soon begin constructing a 100,000-square-foot spec building in Van Wert. Completion of the building is expected by early fall.
The project is being supported through the Ohio Site Inventory Program (OSIP), an innovative initiative created by JobsOhio to boost the state's competitiveness in competing for economic development projects. The $50 million program offers grants and low-interest loans to support speculative site and building development projects.
This marks the third regional spec building for Robinson Investments, which has constructed and filled two other spec buildings in Findlay and Van Wert.
“The OSIP program is 100% absolutely fundamental to our success. The OSIP funding helps bridge some of the gaps and nuances which are critical toward successful completion of the project.”
– Jason Black, Business Development Manager, Robinson Investments