21 Aug 2014
77° Partly Cloudy
Patch Instagram photo by legallyblonde27
Patch Instagram photo by legallyblonde27
Patch Instagram photo by ermyceap
Patch Instagram photo by taratesimu
Patch Instagram photo by taratesimu
Patch Instagram photo by lilyava299
Patch Instagram photo by _mollfairhurst
Patch Instagram photo by thecontemporaryhannah
Patch Instagram photo by lucyketch

Kent Council Votes to Buy AMETEK Property on Lake Street

Land deal helps bring firm's 80 employees into downtown redevelopment project

Kent Council Votes to Buy AMETEK Property on Lake Street

Kent City Council members voted to buy the AMETEK property on Lake Street tonight for $106,000 .

The purchase passed unanimously by council Wednesday.

Kent City Manager Dave Ruller said AMETEK is essentially donating the 15-acre, 288,000-square-foot complex so it can move into new space being built by Fairmount Properties downtown.

The catch, Ruller said, is that the city has to continue the environmental cleanup efforts AMETEK has started on the property. He added that the city already has $500,000 set aside to address any potential remediation.

Councilman John Kuhar asked if the city knows how much it will cost to clean the property, which has been used for manufacturing for almost 100 years.

"We don’t know yet," Ruller said. "The two estimates we have put (cleanup costs) at about $500,000."

The property has already been through both phase one and phase two environmental studies under the Ohio Environmental Protection Agency Volunteer Action Program. And Ruller said the city has talked with EPA officials about obtaining Clean Ohio Revitalization Fund money to help pay for any necessary cleanup.

The city will take ownership of the land after AMETEK begins its move into the new downtown project, which likely won't start until late next year.

Share This Article