Peter Cremer NA
Peter Cremer NA will construct a new 40,000 sq. ft. office and warehouse facility on an 8-acre parcel located in Sedamsville. The new facility will be constructed on the former Conrail site just north of Peter Cremer’s existing facility. The company will retain their existing facilities and invest between $3 to $5 million on the new building. They plan to achieve Leadership in Energy and Environmental Design (LEED) Certified standards on the facility once construction is complete.
The company was able to secure the purchase of the 8 acre property from the City of Cincinnati along with a property tax abatement for improvements at the new LEED facility. The City has been awarded 3 infrastructure grants in conjunction with the project; one for $200,000 from the State of Ohio, Development Services Agency (ODSA), another for up to $500,000 from the Ohio Department of Transportation (ODOT) Office of Jobs and Commerce, and a third for up to $200,000 from the Hamilton County Transportation Improvement District. The state and county grant funds will assist in funding for the construction of an access drive that will become a new public street. The project will include installation of new pavement, curbs, sidewalks, sanitary sewer and waterlines.
The company anticipates creating 50 new jobs and retaining 123 jobs as part of this new facility.