Beech Road South Corridor

General Site & Real Estate Information
Site Name & Address  
Business Park Name: New Albany International Business Park
Site / Area Name: Beech Road South Corridor
Street Address (or Latitude/Longitude): N 40 4’9.1371″/W 82 44’55.2484″
City: New Albany
County: Licking
State: Ohio
Postal Code: 43054

 

General Site Information  
Available Acres: 100 – 1,500
Asking Price Per Acre: $145,000 to $200,000/acre
General Site Configuration/Shape: Rectangular; The New Albany Company owns the site as well as surrounding expansion ground. The site can be sized to fit the needs of the end user.
Topography of the Site: The site is generally flat with a minimal slope. A uniform level site would be achieved by performing typical grading activities on-site of cut and fill.
Additional Acreage Available: As the master developer for the business park, The New Albany Company has the ability to increase the size of the site to fit the customer’s end use.
Soil Conditions: Topsoil cover underlain by natural clay based soils containing random sand and/or gravel layers and lenses. Clay based soils suitable for conventional construction and a burying capacity of 3,000 psf.
Current Use of the Site: Agricultural
Existing Structures and Status: 8 residential structures and outbuildings (metal or wooden pool barns) currently used as rental properties by The New Albany Company are located within the development. Any structures within a user’s identified site will be demolished and removed at no cost to end user.

 

Site Ownership and Current Conditions  
Identify Current Property Owners: The New Albany Company (NACO) owns the proposed site as well as the expansion ground surrounding the site. NACO was founded by New Albany residents, Les and Abigail Wexner, in the 1980s. Mr. Wexner is the founder, chairman and CEO of L Brands, the parent company to Bath & Body Works, Victoria’s Secret and other national retail operations. NACO’s master planned community encompasses over 10,000 acres, of which over 3,500 acres make up the New Albany International Business Park.
Is the Title for Site Readily Transferable: Yes
Owner Contact: Dick Roggenkamp
Director of Real Estate
The New Albany Company
8000 Walton Parkway, Suite 120
New Albany, OH 43054
614-939-8000
droggenkamp@newalbanycompany.com

 

Zoning & Encumbrances  
Current Zoning: The site includes parcels that have been incorporated into the city and zoned Limited General Employment (L-GE). The zoning allows for Class A office, information technology, production & clean manufacturing, research & production.
Height Limit: The current height limitation per the zoning text is 65 feet.
Use Restrictions: There are no restrictions at or near the site.   The property is a part of a 10,000 acre master-planned development specifically designed for production, manufacturing and distribution facilities. The Business Park is divided into several economic clusters to maximize the utility of each site and to encourage business growth and development: research & technology, medical, corporate office and manufacturing.
Surrounding Land Uses: Agricultural
Future Land Use Plans for Site: High Tech Production; Corporate HQ; Data Centers/Mission Critical Facilities; Supporting service/retail/mixed use.
CC&Rs in Place for the Site: Property will be subject to the Covenants, Conditions, Restrictions and Easements of the New Albany Business Park East (CCR’s). The CCR’s provide for certain design review procedures and landscaping and fencing requirements along public road frontages within the Business Park. Security fencing, guardhouses and similar security features are permitted and have been constructed in the Business Park as part of other enterprise data and technology centers developed in the Business Park. A copy of the CCR’s will be provided upon request.
Rights Not Held by Property Owner (i.e. mineral rights, water rights etc.): The property owner holds all rights to the property.

 

Site Access  
Describe Road Access to the Site: The primary access to the site is Beech Road – a north/south arterial connecting directly to the Beech Road/State Route 161 Interchange. The City has engineering plans completed for an upgrade to the road but has not started construction to allow for the road to move in order to accommodate the end user.
Construction Access to the Site: Yes
Nearest 4-lane or Interstate Highway: State Route 161 Expressway – .25 miles

I-270 – 8.5 Miles

I-70 – 13.6 Miles

Nearest Commercial Airport: John Glenn Columbus International – 8.5 miles

Rickenbacker International – 19 miles

Newark/Heath Port Authority – 15.5 miles

Access to Rail: 4 miles
Access to Cargo Service: Rickenbacker International – 19 miles

 

Emergency Preparedness  
Distance to Hospital: Mt. Carmel New Albany Surgical Hospital – 1.5 miles

Mt. Carmel East – 11 miles

Distance to Fire/Medic Station: Plain Township Fire – 2.9 Miles

Johnstown Monroe Medic – 1 Mile

West Licking Medic – 7 miles

Distance to Police Station: New Albany Police Department – 2 miles
Utilities
Electricity  
Service currently available at the site: Service is currently available at the site.
Name of current or potential service providers: American Electric Power

The Energy Cooperative

Distance to nearest distribution line(s): .5 miles
Is electric service redundant: Dual Feed – Fully Redundant
Distance to nearest transmission line(s): At the site
Voltage of nearest transmission line(s): An AEP 138 kV transmission line with two circuits is located along the north border of the site. Jug Street Station is located 0.5 miles north of the site and is served by both 138kV and 345kV lines. The Corridor station and Kirk stations are located 6 miles north and 12 miles south from the Jug Street station, respectively.
Name of substation serving property and distance: Jug Street Station (.5 miles) – Currently has 1 – 50 MVA transformer with approximately 20 MVA of load. Jug Street Station was built with the capacity to have a total of 4-50 MVA transformers.

 

Corridor Station (5 miles) – Currently has 1-50 MVA transformer with approximately 37 MVA of load. AEP does have the capability of adding 2-50 MVA transformers.

 

Blendon Station (8 miles) – Currently has 2 – 50 MVA transformers with approximately 52 MVA of load.

Available electric capacity at the property (MW): 2,000MW Available at the Site
Future planned capacity/infrastructure expansions: American Electric Power is currently constructing Project Vassell which will create an additional 765 kV transmission tie to the 345 kV – 138 kV networks.
Availability of customer choice: Ohio is a competitive state for electric generation.   Customers have the opportunity to shop their energy (generation) requirements with a number of Competitive Retail Electric Suppliers (CRES).

 

Natural Gas  
Service currently available at the site: Service is approximately 5,800 feet from the site.
Name of current or potential service providers: Columbia Gas of Ohio

The Energy Cooperative

Size and Pressure of the nearest line: Service available from either Columbia Gas lines from the northwest (4″ line / 500 MCF/day / 10-55 PSI) or Energy Cooperative lines from southeast (4″ line / 10 MCF/day / 40-60 PSI)
Future planned capacity/infrastructure expansions: Columbia Gas has the ability to expand service/capacity to meet user’s needs.

 

Water  
Name of water provider: City of New Albany via City of Columbus
Description of the water service (size of the lines, distance to the property and total capacity): Water service will be provided to the site from two sources.

 

1.     An existing 20″ water main located in the vicinity of Smiths Mill Road/Beech Road. This water main extension will consist of approximately 4,200′ of 20″ and 16” water main to reach the northern property line of the proposed site. This water main will be extended along the Beech Road roadway corridor.

 

2.     An extension of the water service from an existing 36″ transmission main located on Morse Road. This water main (service line) will service the project site in conjunction with a planned water booster station and water main extension project. This improvement will provide a redundant service to the site and consist of approximately 13,000′ of 24″ water main.

Excess capacity of the line serving the property: Water service is provided by way of an existing booster station located in the City of New Albany. This booster station is supplied from a regional booster station and storage depot that is operated by the City of Columbus which has 10.0 MGD of storage and a total pumping capacity of 49.0 MGD (34,000 gpm). Additionally, an existing 2MG elevated water storage tank is located within 1.5 miles of the subject site, which further supports the operation of this pressure district.
Future planned capacity/infrastructure expansions:

 

Water Treatment Plant Answer
Name of water treatment plant serving the property Hap Cremean Water Plant (HCWP)
Owner/Operator of water treatment plant City of Columbus
Distance to the property 9.2 miles
Total permitted capacity (mgd) 125
Average utilization (mgd) 77
Peak utilization (mgd) 94
Excess capacity (mgd) 31
Known encumbrances /requests for additional capacity to the water system capacity: None
Identify any planned upgrades to the water system, including the schedule and the source of funding source for the project. Currently undergoing a $70M upgrade to install ozone and biologically active filtration.

In the next 5 years upgrades for the following will occur: Standby Power, UV Disinfection and conversion from chlorine to bleach.

 

Wastewater/Sewer  
Name of wastewater provider The City of New Albany will be the owner and service provider of the wastewater service for the planned site.
Size of nearest line(s) / Distance to the property (feet) Sanitary sewer service will be extended to the site at no cost to user. Sanitary sewer service will be provided to the site by way of a pump station and force main system that will extend approximately 1,700”, as well as a sub-trunk gravity sanitary sewer system that will extend approximately 5,100′. Preparation of the construction documents and permitting is95% complete.
Type of line serving the property (gravity or force main) Gravity Sewer
If force main, excess capacity of nearest pump station serving the property (mgd) N/A
Total capacity of the line(s) serving the property (mgd) Wastewater service is currently provided to the service area continuing the proposed site via an existing 24″ sanitary sewer with the full pipe conveyance capacity of 16.0 cfs (7180 gpm). Approximately 5.3 cfs (2380 gpm) is currently being utilized by the existing development within the tributary area.
Excess capacity of the line(s) serving the property (mgd) The City of New Albany is currently working with the City of Columbus on expanding the service capacities to this tributary area through the extension of a 72″ sanitary interceptor trunk sewer (Blacklick Creek Sanitary Interceptor Sewer) which will be extend to the vicinity of Morse Road (and Reynoldsburg New Albany Road). This outfall will service approximately 9500 acres with a conveyance capacity of 147 cfs (66000 gpm). Once this outfall sewer is completed, the City of New Albany will continue to extend subtrunk sewers within the tributary area which services the proposed site to reinforce and redirect flow to this new sewer. The City of Columbus has initiated construction of this $95M sewer extension project, and anticipates a completion date of spring, 2020. The location of the planned 72″ BCSIS outfall would be directly west of the site, along Morse Road, approximately 2.8 miles west of the site.
Future planned capacity/infrastructure expansions: A second phase of sanitary sewer construction will provide gravity service to the region and will include the extension of approximately 24,000′ of 48″ pipe.

 

Wastewater Treatment Plant
Name of wastewater treatment plant serving the property Columbus Southerly WWTP
Owner/Operator of wastewater treatment plant City of Columbus
Distance to the property 28.7 miles
Total permitted capacity (mgd) 114 (330 wet weather capacity)
Allocated capacity (mgd) (if applicable) N/A
Average utilization (mgd) 96
Peak utilization (mgd) 114
Excess capacity (mgd) 216
Are there any other encumbrances including any known requests for additional capacity to the wastewater system capacity? No
Identify any planned upgrades to the wastewater system, including the schedule and the source of funding source for the project. CEPT project – scheduled to be completed in 2019

 

Telecommunications  
Name of telecommunication provider(s) WOW! (via New Albany Net); AT&T; Verizon;
Description of telecommunications infrastructure The 96 strand fiber network is built for high speed data communications and to reach customers economically throughout the New Albany Business Park. The planned fiber extension will run south on Beech road next to the subject property. Additional redundancy/path options are available.
Services available Point to Point and multi-point Ethernet (10Mb-1Gb and 10Gb),Wavelength Services (2.5Gb and 10Gb), Dedicated Internet, MPLS, Managed Services, Voice SIP Trunking, TDM Services (DS1 through OC192)
Fiber available at the property? If yes, aerial or underground: Fiber will be extended to the site at no cost to the user. All of the infrastructure in New Albany is underground. Diverse options are available as well.
Dark fiber available at the property: Yes
Environmental
Environmental Studies  
Phase I Environmental Report: Completed with no further action required.
Wetlands Delineation: Completed; 401/404 permits have been issued for site. All isolated wetlands have been filled.   Approx. 18 acres of wooded category 3 wetlands have been preserved in conservation easements along the eastern boundary of the site.
Endangered Species: Completed; Potential protected bat study has been completed and clearing permit issued. Tree clearing limited to period from 10/1 to 3/31 of each year. Site has been mostly cleared.
Archeological/Historical: Completed; no further action.
Geotechnical Assessment: Completed for +/-200 acres; no further action required.   User will be responsible for performing development-specific geotechnical studies.
Hazards on site: None
Taxes
Taxes  
Real Property Tax Rate (per Assessed Valuation): 72.28750
Personal Property Tax Rate: No Personal Property Tax in Ohio
Income Tax Rate: 2%
Sales Tax Rate: 7.25%

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