PC Port Authority Progress
Here’s the latest in Portage County Port Authority economic development.
Together, Sirna & Sons and STV Investments are expanding their facility on State Route 88 in the City of Ravenna. STV Investments is planning to construct a 54,000 square foot expansion to their existing facility in the City of Ravenna. The expansion will consist of...read more
This project involves the construction of a 147 unit student housing complex in the City of Kent, Ohio to be leased to Kent Summit LLC. The Port Authority issued taxable bonds to finance the project. The project costs are estimated to be approximately $22,500,000...read more
A new $20 million, 34,400 square foot building was constructed to house the Institutional Advancement offices and the Kent State University Foundation. The new building will house a 28-station call center, conference rooms and event space for use by the university and...read more
The Port Authority issued $34,850,000 principal amount of revenue bonds for the purpose of providing funds for a 339-bed, three building, four-story housing facility and related facilities and improvements. The Village at NEOMED is intended to house primarily...read more
Through joint partnerships and cooperation between Brimfield Township, the Portage Development Board, the Portage County Port Authority, City of Tallmadge, several township, city and county offices and TeamNEO/JobsOhio. InSite Real Estate and Rubbermaid Inc....read more
The Northeast Ohio Medical University in Rootstown celebrated medical research Monday, May 16, 2011, with breaking ground on a research and graduate education building and holding a forum to discuss the importance of research. The 80,000 square foot four-story...read more
Using its cooperative agreement with the Portage County Port Authority, the Summit County Port Authority issued Tax Increment Financing bonds in the amount of $940,000 on behalf of Portage County to provide public improvement for a commercial development and a private...read more
The Portage County Port Authority will issue a series of revenue bonds for the purpose of financing certain improvements, expansion and equipment for Delta Systems, Inc., a manufacturing facility located at 1734 Frost Road in Streetsboro. Delta Systems, Inc. is a...read more
“Brimfield Crossings LTD will commercially develop 42 acres on the west side of State Route 43. As agent for the Portage Port, the developer will construct public improvements valued at $6.5M, which will be dedicated to the County for public use. Brimfield Crossings...read more
Port Authorities Provide Tax Exempt Bonds for public infrastructure: Cascades of Brimfield – I-76 & Tallmadge Rd
The Project: Bond proceeds will be used to pay for certain public improvements related to the Cascades of Brimfield development located in Brimfield Township, Ohio. Project Costs: $2,475,000 Source of Funds Summit Port Bonds $2,475,000 Bond...read more
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