Restaurant Depot

Akron,
OH
(2015)

Restaurant Depot

Brownfield Remediation, Business Development, Food Manufacturing, Manufacturing, Restaurants and Catering, Retail and Commercial, Warehouse and Wholesale

Restaurant Depot is a food wholesaler that moved to a new facility thanks to the NMTC.

Investment

NMTC Amount: $6,390,000
Total Project Cost: $7,560,458

IMPACT

33 FTE jobs
250 construction jobs

CDEs

Capital One, Development Fund of the Western Reserve

Investor

Capital One

Project Description

Restaurant Depot is a food wholesaler that moved to a new facility thanks to the NMTC. The site is a former brownfield purchased through the City of Akron for development. Restaurant Depot has created approximately 250 construction jobs using primarily local contractors. In addition to the construction jobs, 33 full-time, permanent union jobs were also created.

MAP

Address: 1048 Sweitzer Drive, Akron, OH 44311

Census Tract: 39153506800

Other Ohio Projects

Cristo Rey Columbus High School

Columbus,
OH
(2014)

Community, Private School, Religious Organizations, Schools

CDE(s): Chase, Finance Fund

Finance Fund provided $10.56 million in federal and state NMTCS to Cristo Rey to acquire and renovate the former Ohio School for the Deaf building for their Columbus facility.

United Rehab Services

Dayton,
OH
(2016)

Behavioral Health, Community, Daycare and Early Childhood, Shelters and Community Food, Youth and Families

CDE(s): Finance Fund

A $5.5 million NMTC allocation from Finance Fund enabled United Rehabilitation Services of Greater Dayton to double the size of the current facility.

Kroger Fremont

Fremont,
OH
(2018)

Grocery and Fresh Food, Retail, Retail and Commercial, Rural

CDE(s): Finance Fund

Construction of an 89,650 sq. ft. full-service Kroger grocery store and pharmacy, expected to serve 42,631 customers annually.

Washington Park Parking Garage

Cincinnati,
OH
(2011)

Community, Daycare and Early Childhood, Infrastructure, Transportation and Ports, Youth and Families, Youth Program

CDE(s): Cincinnati Development Fund, Cincinnati New Markets Fund (3CDC), Local Initiatives Support Corporation

The $48 million 2012 renovation and expansion of Washington Park was a public /private partnership among 3CDC, the City of Cincinnati, the Cincinnati Park Board, and the Cincinnati corporate and