STEMFlex Newark - 1425 Mt. Vernon Road
STEMFlex Building: A 15,230+/- sq. ft. industrial building at 1425 Mount Vernon Road, Newark is a flex space building planned to be modernized from a former car dealership complex. The office/production area mix is flexible space. The concept, STEMFlex, is a focus on modernizing the building to attract STEM-skilled industry. Groundswork to improve the site is underway. Building improvements are under design and tax incentives are being sought for speculative development.
Small Business Solution: The Port Authority provides a full-cycle approach to solving small business needs by connecting companies with community resources and solutions. The small business-oriented site is near operations for critical manufacturers in the largest manufacturing corridor in Central Ohio at Newark to I-70 as well as 30 minutes from the Intel Ohio One site under development.
Capabilities: The site is fully served. The building is expandable and supports a parking area larger than typically expected for a building of this size.
Features
+/- 15,230 sq. ft. expandable
Available, STEM-skilled workforce
Business-friendly community
Just 11 mi to I-70 and 2 mi. to St. Rt. 16
Light Industrial zoning
Tax abatement zone for improvements
Fully-served utilities
Broker protected
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Broker Contact:
Rick Platt, President & CEO
Heath-Newark-Licking County Port Authority
740-788-5500 ext. 235
rplatt@hnlcpa.com