Kettering OKs up $600K to aid research park property, add access road

Nick Blizzard, Dayton Daily News, Ohio
·1 min read

Feb. 24—KETTERING — A measure has been approved allowing the city to offer up to $600,000 in economic incentives to a company that owns about 10 acres at Miami Valley Research Park.

The economic incentives passed by Kettering City Council Tuesday night call for the city to provide Kettering Founders LLC a grant "to attract new tenants" to property it owns at 1900 Founders Drive, Kettering records show.

The city will provide the incentives in exchange for the company making interior and exterior building improvements, adding a 200-vehicle parking lot and landscaping, as well as constructing a new connection to Spaulding Road, said Gregg Gorsuch, Kettering economic development manager.

Kettering Founders LLC is listed in local property records as the owner for 1900 Founders — which is just less than 10 acres — 3155 Research and 10-plus acres of land on Research Boulevard.

The tax mailing address for Kettering Founders is the same as the Solon, Ohio, mailing address for Cleveland-based Industrial Commercial Properties.

Kettering 3123 Research LLC and Kettering 3139 Research LLC, which purchased corresponding properties in the park, have the same street address, as well.

The economic incentives would be limited to the Founders Drive address, records show.