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| ASCOT INDUSTRIAL PARK DESCRIPTION
( illustration 76k jpg)
- 200 acre industrial park, developed by the City of Akron. Approximately 52 available and
priced at $25,000 per acre.
- Located on west side of State Road, between Bath Road and Chart Road, accessible via
Ascot Parkway.
LAND AVAILABILITY
- 5-10+ acre sites available, with selected smaller parcels of 2-5 acres.
DEVELOPMENT OBJECTIVES
- Light industrial development and the creation of manufacturing employment opportunities.
- Provide quality industrial park setting positioning existing and new businesses for long
term growth in the City of Akron.
- Land is not available for speculation.
DEVELOPMENT STANDARDS
- Quality development standards in building materials, signage, and site improvements.
Design guidelines are available in Ascot Urban Redevelopment Plan, July, 1988.
- Acceptable building lot coverage is targeted at 20-30 percent, providing area for
planned development and foreseeable expansion.
INFRASTRUCTURE IMPROVEMENTS AND UTILITIES
- All utilities and street access provided by the City of Akron, without assessments to
property owners.
ACCESS
- Located on State Road, major North-South arterial between Akron-Cleveland areas. Within
2.5 miles of S.R. 8, offering convenient highway access of Northeast Ohio via Steels
Corners Road and Graham Road interchanges.
EXISTING DEVELOPMENT AT ASCOT INDUSTRIAL PARK
| SpunFab Adhesive Fabrics |
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Graphic Arts Rubber, Inc. |
| Proto Circuit |
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NSK Industries, Inc. |
| Linden Industries, EMB |
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Main Street Gourmet |
| Spectrum Plastics |
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Win Plastic Extrusions, Inc. |
| Becker Pumps |
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Interion, Inc. |
| H B Chemical Corporation |
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Atlas Fluid Components |
| Tech Pro, Inc. |
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Coltene / Whaledent, Inc. |
| Applied Vision |
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Ultratech Polymer |
| Comdoc |
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| Summit Environmental Technologies |
| Arch Aluminum & Glass Co., Inc. |
| Pneumatic Scale Akron Packaging
Division |
PURCHASE PRICE
- Sites priced at $25,000 per acre. Incentive pricing for
projects creating 20 or more manufacturing jobs per acre.
- Ground lease option at prime rate less 2% for a term of up to 20 years. Deed transfer at
end of term for $1.00. Lessor may purchase at any time during terms for unpaid principal
balance.
- Cooperative marketing arrangements with real estate brokers.
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