GLANDORF — Work is underway to develop some property in Glandorf in Putnam County.
The village owns about 10 acres of the land it hopes to use for future development.
“Not quite two years ago I came before council to build a connector street between OG road and U.S. 224 between the St. Rita’s property and the village property and the property also owned by the county commissioners,” said Charlie Schroeder, mayor of Glandorf. “Council thought it was a good idea, so we had plans drawn up and then we submitted for funding to the Ohio Public Works Commission, and we were approved.”
The village received $450,000 in grants and loans, and the estimated cost of the project came in at $507,000.
The village owns 4.6 acres, while the county commissioners own 5.6 acres of the land slated for development.
Glandorf council president Brian Inkrott saw the possibilities.
“I think we all thought it was a great idea because it’s all about bringing more jobs to Glandorf. If we can bring more professional-type buildings here and continue to look at what’s already here with the medical park, it’s going to be great for the community,” Inkrott said.
Amy Sealts, executive director of the Putnam County Community Improvement Corp., said this is a good step towards future growth.
“What we’re seeing is that communities really want to compete in today’s market of business attraction and also business growth for their communities,” Sealts said. “Doing an assessment around Putnam County, we found that there wasn’t a lot of inventory on the market, so Glandorf stepped up and had the property and the foresight from their leadership to invest in the site and bring the new property to the market. It has all the facilities, all the utilities and basically will be shovel-ready for business to come right in.”
Once the road is completed and the lot is ready, Sealts will be busy trying to attract tenants to the property.
“We’re helping them do things like understanding economic best practices for developing a business park, helping seek out financing opportunities and just helping them in the background, stepping them through all those processes, doing some research and market analysis,” Sealts aid. “Then on the backend, once the projects are finished, we help do a lot of the heavy lifting for the marketing.”
Reach Sam Shriver at 567-242-0409.