The pandemic has not slowed down progress at Aerohub, an advanced manufacturing development in the Village of Evendale, fully envisioned at approximately 200 acres.
The development recently received a $1 million JobsOhio Ohio Site Inventory Program (OSIP) Grant to fund public infrastructure and site preparation at the site. Neyer Properties and the Village of Evendale worked closely with REDI on the application.
Evendale previously was awarded $900,000 from a combination of JobsOhio, the Ohio Development Services Agency and ODOT for Phase I and part of Phase II roadway construction and utility installation, which has since been completed.
The completion of AeroHub Phase I and Phase II development will result in eight pad-ready lots, one of which sold in September 2018 to the Modal Shop. The Modal Shop moved into the company’s new 40,000 square foot headquarters in June 2020. A second lot, totaling 5.38 acres, was recently sold to Kinetic Vision, who will be relocating from its existing Evendale campus.
Since originally receiving approval from the Village for the new Class A facility, the Kinetic Vision building has grown by 11,000 square feet to be a 51,000 square foot building. Kinetic Vision and Village Officials held a groundbreaking ceremony on July 27, 2021.
“We are excited to take this next step in our growth and feel very fortunate to be part of the AeroHub development and to continue our relationship with the Village of Evendale,” said Rick Schweet, Kinetic Vision CEO and President.
Construction on the $11 million facility for Kinetic Vision will continue throughout this year with an anticipated grand opening in the summer of 2022.
Kinetic Vision integrates advanced technologies to accelerate product innovation within a broad array of industries including medical, consumer electronics, transportation, aerospace, and consumer packaged goods.
Additionally, most noticeably for drivers along I-75 is the updated Glendale-Milford Road bridge. With reconstruction of I-75, the Ohio Department of Transportation (ODOT) permitted Evendale to upgrade plans for the Glendale-Milford Road bridge to include customized railings, lighted Village name and bridge towers.
Updating the bridge is “a once-in-a-lifetime opportunity for Evendale to create a prominent gateway, greatly enhancing visibility for our Village, our existing businesses and for AeroHub,” said Evendale Mayor, Richard Finan.
The development team continues to receive strong interest from industrial and commercial prospects for the development. Six lots remain available for development or sale in Phase I and II. Chuck Ackerman, Bill Keefer, and Jeff Kroger with Colliers are the listing agents.
Aerohub is located just 20 minutes north of downtown Cincinnati on I-75 and adjacent to GE Aviation. AeroHub will attract highly skilled designers, engineers, researchers, educators, and symbiotic businesses focused on collaboration opportunities. AeroHub’s environment will promote cutting edge technologies and build a skilled advanced manufacturing workforce.