Restaurant Depot

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

Investor

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

NMTC financing supported the $53 million General Electric Aviation EPISCENTER development on the University of Dayton campus.
Rehabilitation and expansion of halfway house, expanxing from 56 beds to 75 beds as well as achieve its long-time vision to bring housing and administrative functions under one roof.
An adaptive reuse project in the Over-The-Rhine neighborhood of Cincinnati, OH.
The Midtown Collaboration Center, led by the Cleveland Foundation, links downtown Cleveland with University Circle