Parternship plans $150M development in Findlay
A local investment partnership is planning Findlay Crossings — an office, retail, apartment and hotel development estimated to cost at least $150 million — on a 30-acre site in Findlay.
The partners, operating under the name CRD Development Group LLC, are Ron Sofranko, Charlie Brown and David J. Dietrich.
They hope to market and develop the former Park ‘N Fly Inc. property located at Interstate 376, Flaugherty Run Road and Moon Clinton Road, across from Dick's Sporting Goods headquarters and Pittsburgh International Airport.
Current plans call for Class A office space, a 250-unit apartment building, a 125-room hotel, convenience stores with gasoline stations, and parking.
“We will either lease or sell land to companies or individuals who will build the facilities,” said Sofranko, whose partnership has the property under a sales agreement with Atlanta-based Park ‘N Fly. The property hasn't been used for parking for at least five years, he said. Prices the partnership would charge for parcels of land has not been announced. The land is pad ready for development, he said.
CRD Development has selected TarquinCore LLC, South Side, to market the property. Principal Ron Tarquinio and Lynn DeLorenzo are talking to national developers who have expressed some interest, Sofranko said.
Mark Schmidt, president of Hampton Technical Associates Inc., Etna, is providing preliminary concept plans for the project.
Findlay Crossings is one of several major development projects recently announced in Findlay.
Gordon Food Service plans to build a new distribution center there and employ up to 300 within five years. The center will be located in the Findlay Industrial Park, owned by Imperial Land Co.
ProMinent Fluid Controls Inc. is planning a manufacturing plant at One Mercantile Dr., RIDC Park West, adjacent to its current building. The new plant will be used for the manufacturing of metering pumps and related products.
Sam Spatter is a staff writer for Trib Total Media. He can be reached at 412-320-7843 or email@example.com.