Arrowhead Commerce Park, the industrial park established in the Village of Carey less than 2 years ago, will see road access improvements in the near future. Over recent months, two separate grants have been offered to improve the current road infrastructure in preparation for increased light and heavy truck traffic in the area.
Over the past two years, a 100,000 square foot speculative building was completed in Arrowhead Commerce Park and has since been signed to a long term lease by Hanon Systems. Hanon, a tier one automotive parts supplier, will create nearly 140 new jobs at the facility within 3 years. In addition to that operation, a second facility of close to the same size will be constructed in the industrial park by the end of 2016.
Due to this known activity and estimated future development, there is a great need for increased access into and out of the industrial park. The improvements proposed are to widen the stretch of County Highway 98 from State Route 199 to Arrowhead Drive, and to make improvements at the State Route 199 and Arrowhead Drive intersection. The total estimate for the project was $224,000, excluding contingencies.
The Wyandot County Office of Economic Development worked closely with its state level partners to garner funding for these improvements. JobsOhio and the Ohio Development Services Agency offered to cover 50% or $112,000 of the project through their 629 Roadwork Development Funds. The ODOT Office of Jobs and Commerce also offered to provide an additional $100,000 in funds to support the project.
Due to the fact that these roads lie within the Village of Carey, the municipality will be the ultimate recipient of these reimbursement-based grant funds. Village Council made the decision to move forward with the road improvement project in June, and the project is expected to be carried out over the coming months.