A Westerville firm has been awarded state financing to assist with the purchase and renovation of a 4,588-square-foot office space on Central College Road.
Trillium Land Holdings LLC will receive $297,313 through the state’s Regional 166 Direct Loan program, according to state Department of Development officials.
Trillium Land Holdings is a real estate holding company formed to lease and hold the project real estate to the operating company MAD Scientist Associates LLC, which is a full-service ecological and wetlands consulting firm committed to wetland surveys and full-scale wetland restoration and recreation.
The project, estimated to cost $909,000, is expected to create three jobs and retain 15 existing jobs, according to state officials.
The financing is part of the Department of Development’s release of more than $1 million through two state-funded programs to support infrastructure projects and business expansion.
Two municipalities have been awarded Roadwork Development Grants from the state, including Green Township in the city of Chillicothe.
The township was awarded $484,500 to support the Great Seal Medical Center project.
The roadwork will consist of the construction of approximately 537 feet of Cohen’s Way, beginning at River Road and extending west. The road will end with a turnaround to allow large trucks to access the Great Seal Medical Campus. Through the project, 194 jobs will be created.
The village of Versailles was awarded $250,000 to support the Midmark Corporation project.
The roadwork will consist of the construction of an additional 1,350 feet of public access road, extending north from the North West Street/Baker Road intersection to a proposed four-way intersection, connecting to Industrial Parkway.
The completed road is expected to create direct access for heavy truck traffic to the Midmark campus and improve traffic flow, accessibility, and overall safety in the area.
