Cleanup, demolition continue at former Chrysler plant in Twinsburg, Ohio’s Cornerstone Business Park



Cleanup, demolition continue at Twinsburg’s Cornerstone Business Park

Cleanup, demolition continue at former Chrysler plant

by Conner Howard | reporter Published: January 23, 2014 12:00AM

Twinsburg — Though the vending machine supply company Vistar remains the lone business on the 167-acre expanse of the former Chrysler Stamping Plant, hopes are high in 2014 for Cornerstone Business Park as cleanup and plans for development continue.

Tim Elam of Indianapolis-based Scannell Properties, which owns the property along with DiGeronimo Cos. of Independence, said the current environmental cleanup will leave the site ready for new buildings by early summer.

“About a month ago, we started another phase of cleanup and we’re doing about $3 million of cleanup in the next four to six months,” Elam said. “So, we’re taking down what’s left of the building, filling the basement and doing one small area of environmental cleanup. So, our plan is by … June 1 to have the site in much better shape and be able to go vertical on new buildings very quickly as users come around.”

Though he declined to name specific companies, Elam said several firms are actively interested in the industrial park at the corner of Chamberlin and East Aurora roads. He said those businesses may be hesitant to sign leases until cleanup of the site is complete this summer. Interested industries include manufacturing, distribution, storage industries and more, Elam noted.

“Right now, I’d say we’ve got four very active users looking at [the site] and they range from manufacturing to logistics and distribution companies,” Elam said.

“There are a couple industries looking at the site,” Twinsburg Community Planning and Development Director Larry Finch added. “There’s a little hesitation to sign until they see a clean site.”

Finch added that as Cornerstone develops and draws commitment from new businesses, the city hopes to replace or exceed the 1,800 jobs lost in the closure of the Chrysler plant in 2009-10.

Click here for full article and photos in the Twinsburg Bulletin

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