Norwood awarded $234K from Clean Ohio Assistance Fund

According to this Enquirer article, the City of Norwood will receive more than $234,000 from the state’s Clean Ohio Assistance Fund to conduct an environmental assessment of the 6.5-acre site of the former American Laundry facility on Section Avenue. Neyer Properties has been assembling that land and surrounding cress for construction of a $13 million office campus called Central Pointe on the Lateral. Construction will begin this summer on the first of two 22,000 square-foot buildings on the northern section of the property along Ross Avenue which previously held the Norco manufacturing plant.

Once the American Laundry assessment is complete, Norwood will apply to the state for a Revitalization Fund grant to get that site ready to develop too, said Jeff Chamot, a developer with Neyer Properties. Neyer plans for two additional buildings of 50,000 and 30,000 square feet. The firm has already secured its first tenant, SRW Environmental Services, for 12,000 square feet in the west building on the Norco site.