About Rick

This author has not yet filled in any details.
So far Rick has created 20 blog entries.

15,230 s.f. Flex Space Building

A 15,230+/- sq. ft. flex space building called STEMFlex® is ready for immediate occupancy  in Newark. The development includes an additional 8,500+/- sq. ft. adjacent and a site for building up to 48,500 sq. ft.  Major groundswork and building improvements are part of the redevelopment.  Tax incentives are in place to offset the tax burden of building improvements.  The building is targeted to industry with STEM-skilled jobs.

  • Finish to suit, expandable
  • Drive-in doors, recessed dock feasible
  • Fully-served with industrial utilities
  • Light industrial zoning
  • Tax abatement zone for improvements
By |2024-07-19T14:02:02-04:00July 19, 2024|Buildings, Properties|Comments Off on 15,230 s.f. Flex Space Building
Read More

8,500 s.f. Flex Space Building

A 8,500+/- sq. ft. flex space building called STEMFlex® has been redeveloped in Newark with immediate occupancy feasible. The development includes an additional 15,230+/- sq. ft. adjacent and a site for building up to 48,500 sq. ft.  Groundswork and building improvements are part of the redevelopment. Tax incentives are inj place to offset the tax burden of building improvements.  The building is targeted to industry with STEM-skilled jobs.

  • Finish to suit
  • Drive-in doors
  • Fully-served with industrial utilities
  • Light industrial zoning
  • Tax abatement zone for improvements
By |2024-07-19T14:02:30-04:00July 19, 2024|Buildings, Properties|Comments Off on 8,500 s.f. Flex Space Building
Read More

Board Elects Officers

HEATH-NEWARK-LICKING COUNTY PORT AUTHORITY
NEWS RELEASE

FOR IMMEDIATE RELEASE
June 14, 2024

PORT AUTHORITY ELECTS OFFICERS

HEATH, OHIO –  The Board of Directors of the Heath-Newark-Licking County Port Authority elected officers at its regular June meeting.  Steve Layman was re-elected Chairman and Fred Paul was re-elected Vice Chairman/Secretary for one-year terms.

Layman has served as Chairman of the Port Authority Board since 1998.  He is a Licking County appointee to the Board and is a real estate broker with Shai-Hess Commercial Real Estate.

Paul has served as Vice Chairman/Secretary since 2014.  He is a Heath appointee to the Board and is retired from Rockwell and C-TEC.

The Board of Directors consists of nine members, three appointed by each of the City of Heath, City of Newark, and Licking County Commissioners.  The Port Authority owns and develops the Central Ohio Aerospace & Technology Center in Heath and is the largest self-sustaining port authority in Ohio.

For more information, visit the Port Authority’s web site at http://www.HNLCPA.com.

# # #

By |2024-06-14T09:34:47-04:00June 14, 2024|News Releases|Comments Off on Board Elects Officers
Read More

$63.9 Million Capital Plan Advances

HEATH-NEWARK-LICKING COUNTY PORT AUTHORITY
NEWS RELEASE

FOR IMMEDIATE RELEASE
April 15, 2024

PORT AUTHORITY ADVANCES $63.9 MILLION CAPITAL PLAN

HEATH, OHIO – At a recent meeting, the Port Authority Board of Directors accepted an update to its 10-year capital plan which forecasts capital investments through the year 2035.  At full implementation, the plan envisions a $63.9 million total investment.

The plan includes:

  • At least six customer expansions
  • Over $12 million in facility improvement projects
  • $6 million in infrastructure projects
  • $10 million in speculative development
  • $9.5 million in future industrial development land investments

“The Port Authority Board recognizes the importance of planning ahead. Our track record for the last 10 years saw more than two thirds of our projects move forward with $23 million invested,” said Port Authority Facility and Operations Director John Vermaaten. “We’ve got our work cut out for us for the next ten years.”

The Port Authority owns over one million square feet of industrial building space and has industrial property totaling over 700 acres in Licking County.  The Port Authority has taken part in 14 speculatively built industrial buildings since 2011, including redevelopment of two buildings in Newark called STEMFlex® which targets industries needing a STEM-skilled workforce.

The Port Authority is the largest self-sustaining port authority in Ohio, receiving no tax dollars to support its operations.

# # #

By |2024-04-15T11:08:11-04:00April 15, 2024|News Releases|Comments Off on $63.9 Million Capital Plan Advances
Read More

1,750 s.f. Small Business Building

Building 125 is a 1,750+/- sq. ft.  building available for lease with predicted occupancy by October 1, 2024. The space was formerly used for Air Force security and for brewery raw material storage.  It is well-suited for a small industrial tenant.

  • Ready to occupy
  • Drive-in door
  • Fully-served with industrial utilities
  • Industrial zoning
  • Short term lease options
By |2024-07-16T13:22:42-04:00March 28, 2024|Buildings, Properties|Comments Off on 1,750 s.f. Small Business Building
Read More

Address:

851 Irving Wick Drive West,
Heath, Ohio 43056

Contact:

Phone: (740) 788-5500
E-mail: webm4@coatc.com

Connect:

Copyright 2024 – Heath • Newark • Licking County Port Authority | All rights reserved | Privacy Policy | Terms and Conditions

Go to Top