More than an ordinary commerce park, Riverbend’s distinctive location combines the requirements for successful business growth with quality-of-life enhancing surroundings. The Riverbend Commerce Park is ideally positioned for easy access to interstates, rail systems, Lake Erie and the Ohio Turnpike (click here for Riverbend Maps); and is immediately available for development, with all due diligence and preliminary studies complete.
Advantages
Publicly held by the city of Lorain to provide fast-track permitting
Financial incentives through TIF, State and Port Authority financing
Low-cost purchase or land-lease
Skilled regional labor force; wealth of educational resources
On-site day care center
Accessible
Minutes from I-90 and the Ohio Turnpike
Deep-water Port of Lorain on Lake Erie – one mile upriver
Rail access nearby for intermodal transportation
30 minutes from Cleveland; 90 minutes from Toledo; 125 minutes from Columbus; 140 minutes from Detroit
50% of population of US and Canada reside within 500 miles
Overall cost of living is 3.7% less than the national average
No state business tax on products sold to out-of-state customer
No state property tax on investments in machinery, equipment or inventory
The Cleveland-Lorain-Elyria area was ranked the #1 city nationally based on information criteria important to logistics professionals in Logistics Today’s Site Selector, 2005
City of Lorain
200 West Erie Avenue
Lorain, Ohio 44052-1647
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