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Work continues at Lordstown Logistics Center
By Kalea Hall
LORDSTOWN
Ground is expected to be broken this summer on a portion of a Lordstown industrial park that is projected to employ up to 2,000.
NorthPoint Development President and COO Chad Meyer said the company expects to have between four and five buildings totaling 1.5 million to 2 million square feet.
“We have cleared two sections of the site,” he said.
In November 2014, NorthPoint purchased 173.5 acres of vacant industrial property adjacent to the General Motors Lordstown plant where the Chevrolet Cruze is built.
NorthPoint’s website says the park is “strategically located on Interstate 80, Interstate 76 and Tod Avenue.”
RACER, Revitalizing Auto Communities Environmental Response Trust, sold the property to NorthPoint. RACER was established in March 2011 by the U.S. Bankruptcy Court to clean up redevelopment properties and facilities owned by GM before its 2009 bankruptcy.
The park, known as Lords-town Logistics Center, will be home to GM suppliers and possibly other distributors.
At this point, no suppliers have actually decided to be a part of the park, Meyer said.
“They would be able to save more on logistics costs,” Meyer said. “It’s a win-win for everyone. It makes the plant more profitable.”
The Lordstown property is the second RACER property the Missouri-based NorthPoint Development has purchased. The company constructed Central Industrial Park in Kansas City, Kan. The park was built on 80 vacant acres next to the GM Fairfax assembly plant and is expected to bring 2,000 jobs to that area.