DOWNTOWN KENT REVITALIZATION PROJECT TRANSITION FROM CONSTRUCTION JOBS TO PERMANENT. AMETEK, INC JOINS DAVEY TREE RESOURCE GROUP BY MOVING INTO NEW OFFICES
On Tuesday, September 4, 2012 AMETEK, Inc. joined the Davey Tree Expert Company (two weeks ago) as a new corporate anchor tenant in Kent’s Downtown Revitalization Project. The move reflects a milestone in Kent’s history with $106 million in improvements and construction taking place in the Central Business District. Each of the two new corporate offices will have approximately ninety (90) employees.
In addition to the new office workers, several new retail shops are also opening their doors for the first time. Insomnia Cookies opened at 295 S. Water Street on August 29th as the first new retail shop in the Fairmount/College Town Kent project block. Yogurt VI is scheduled to open this Friday morning with many more openings over the next month. Additional tenants in the College Town Kent block include:
Fresco Mexican Grill & Salsa Bar
Dave’s Cosmic Subs
Panini’s Bar and Grill
Palmieri Salon, branch of Dino Palmieri Salon & Spa
Shop 42, clothing boutique
Newdle Bar, sushi & noodles
The Market Path, locally traded home decor and retail store
UniversiTees, Local sports/collegiate licensed apparel
Gracy Lane, Gifts & Accessories
Bar 145, gastropub specializing in “Burgers, Bands, and Bourbon”
Bricco, pub-style eatery with locations in Cleveland and Akron
In the past twenty four (24) months, over thirty (30) new businesses have opened their doors in Kent’s Central Business District with another twenty (20) planned to do so in the next year. The project appears to be having the desired results as the City of Kent’s income tax collections are up 6.96% ($444,986) thru the end of July compared to the same time frame in 2011. Construction on the new PARTA Central Gateway Transit Center, Kent State University Hotel & Conference Center, the Esplanade and new Portage County Municipal Courthouse will continue well into spring/summer of 2013.
To celebrate the occupancy of all of the new downtown office and retail tenants, the City of Kent presented the attached video on the making of the Downtown Kent Revitalization Project and the unprecedented level of public-partnership at the Federal, State and Local levels. The Downtown Kent Revitalization Project is a public/private partnership with the City of Kent, Kent State University, PARTA, Fairmount Properties and the Pizzuti Companies.
For more information, please contact Daniel D. Smith, Economic Development Director, City of Kent, 330-676-7582 or Adam Branscomb, Development Assoc. Fairmount Properties, (216) 514-8700