Restaurant Depot

New Markets Tax Credit Coalition

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

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