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Posted on: August 25, 2022

City of Norwood Works with PLK Communities

Norwood Seal PLK LOGO



PLK Logo (PNG)City of Norwood Works with PLK Communities, Returning Blighted Site into Local Hands
City, Schools, and Local Developer Working Toward a Mutually Beneficial Incentive Package
 
 
Norwood, Ohio – PLK Communities completed their purchase of the former Quality Inn site on Montgomery Road in Norwood, bringing the three-and-a-half-acre problem property back into local hands for future development. PLK will start the significant work to remediate the property, then clear the site for redevelopment over the next year.  
“PLK has committed their considerable resources, time, and energy, to help undertake this long-standing problem, and is working towards a mutually beneficial incentive package with our City and our Schools,” said Victor Schneider, Mayor of Norwood. Local decision-makers worked diligently over the last month to alleviate developer concerns regarding the necessary clean-up and costs to move the project forward. “We cannot be more pleased with this outcome “added Schneider. 
The site will eventually be a mixed-use development with ground floor retail facing Montgomery Road and residential units above. Remediation will begin in the next month, with demolition starting in early 2023.  Atlas Environmental will monitor all remedial activities at the site to insure qualification for the Ohio EPA’s Voluntary Action Program (VAP).
“The Norwood School District is delighted to partner with the City of Norwood and PLK on a second economic development project,” said Superintendent Mary Ronan. “We are aware that what benefits the City also benefits the schools and students. We are united in our goals to make Norwood a great place to live, work and go to school.”
Nick Lingenfelter, PLK Chief Development Officer commented that “PLK is proud to work together with the City of Norwood, the Port and Norwood District Schools to build strong relationships for the short and long-term. Collaborating with local leadership – including the Norwood Schools -- is always the best way to help a local community bring ownership back home.  We look forward to working together to return this prominent site back into an asset for the community.”
Specific site plans for the Norwood development will be determined over the next six to nine months.

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