Batavia, Ohio. The Board of Clermont County Commissioners today approved the purchase of 30 acres of prime commercial real estate for the first phase of a new Class A office park with visibility on I-275. The property, purchased from the Scottish Rite for $2,370,000, is located off Ferguson Drive and State Route 32, only 17 miles from downtown Cincinnati and 25 miles from the Cincinnati/Northern Kentucky International Airport. The property will be transferred to the County's Community Improvement Corporation (CIC), which has a contract with Cincinnati United Contractors to develop the site. The County will identify the anchor tenant for this property shortly.
"Mary Walker, Bob Proud and I along with our administrative staff have been working extremely hard over the past year to lay the groundwork for today's announcement," said Clermont Commissioner Scott Croswell. "Clermont County and Union Township have worked cooperatively in this endeavor. This is only the beginning of what we expect will be over 100 acres of Class A office space, high tech, research and development facilities."
"This is the birth of the next phase of business growth in Clermont County," added Clermont Commission Vice President Bob Proud.
"This site also taps into a highly qualified work force," said Clermont Economic Development Director Andy Kuchta. "Within a 30 minute drive of this site, an employer will have access to 413,000 people that have attended college, with 53 percent of that group holding a bachelor's degree or higher. This site is going to meet the demands for quality office space that is currently absent in the market."
The County worked with Property Advisors, a Cincinnati real estate consulting firm, to conduct a market study to assess the viability for office and industrial site development throughout the County.
For additional information contact Clermont County Communications Director Kathy Lehr at (513) 732-7597.