Construction is underway and expected to wrap up in April on a 260,000-square-foot industrial building at the Airport South Commerce and Tech Center on Poth Road in Whitehall.
The building is the second phase of collaboration with developers Mark F. Taggart and Fed One Dublin, Whitehall Development Director Zach Woodruff said.
In late 2016, the companies completed construction of a 140,000-square-foot industrial building at Airport South that is occupied by Continental Auto Parts and Takeya USA.
That building is on the site of the former Oasis Corp., a water-cooler and fountain manufacturer.
Whitehall provided a 15-year, 100 percent property-tax abatement to the developers to construct the building, and the city will invest about $12 million in the project, Woodruff said.
Assistance from Columbus 2020 and JobsOhio advanced the project.
Project financing was made available through JobsOhio, whose assistance included a $1 million revitalization loan and a $1 million revitalization grant.
"It was critical to the project," said Woodruff, allowing construction to begin with only 50,000 square feet of the unfinished building leased in advance.
"Typically, at least 150,000 square feet (of a building this size) would be required to be preleased to gain financing," Woodruff said.
Marion-based Wolff Brothers Supply is leasing part of the new building as it expands into the central Ohio market, Woodruff said.
The company distributes plumbing, electrical and HVAC materials.
The project, when completed, will provide Whitehall with a distinct advantage: the ability to showcase a completed building with space available for lease, Woodruff said.
"It makes it easier to get corporations, especially those out of state, to relocate here (when immediate leasing is available)," Woodruff said.
Whitehall Mayor Kim Maggard said the project "is another example of the opportunities being created in Whitehall.
"Having over 200,000 square feet of industrial spec space available in our Airport South Commerce and Tech Park is vital to attract new employers to the city," Maggard said.
Mark Taggart, president of the Mark F. Taggart Co., said he is "excited about getting the second phase of this development off the ground."
"The Airport South Commerce Center fills a market niche for industrial users who want all the bells and whistles typically associated with larger bulk facilities," Taggart said.