City of Trotwood Approves Tax Abatements Supporting Two Class A Industrial Developments in Public-Private Partnership with GATED Properties Global

Trotwood, Ohio [10/15/2025] – The City of Trotwood has approved two new Community Reinvestment Area (CRA) agreements that will bring more than 158,000 square feet of new Class A industrial space to the Trotwood Industrial Park. The approvals mark another major milestone in the City’s growing industrial corridor, following the successful attraction of companies such as Beontag and Westrafo.

The new speculative buildings, located along Prosperity Drive in Trotwood’s Industrial Park, as proposed by Gated Properties Global (GPG) and will receive CRA Property Tax Abatements under Resolutions R25-69 (100,000 sq. ft.) and R25-70 (58,000 sq. ft.). Together, the projects are expected to support between 150 and 200 new jobs and generate an estimated $8–10 million in annual payroll, resulting in up to $275,000 in new annual income tax revenue for the City once fully occupied.

Project Details:

• Resolution R25-69 – 100,000 sq. ft. Industrial Building
  • Class A construction, consistent with the quality of the Beontag and Westrafo facilities
  • Estimated 100–130 new jobs
  • Approx. $5–6 million in annual payroll
  • Designed for flexibility to accommodate advanced manufacturing or logistics tenants
  • Eligible for single-tenant or multi-tenant occupancy based on company needs and market demand
• Resolution R25-70 – 58,000 sq. ft. Industrial Building
  • Class A construction, built to the same standards as recent developments in the industrial park
  • Estimated 50–70 new jobs
  • Approx. $3–4 million in annual payroll
  • Intended for smaller-scale industrial or light assembly operations
  • Eligible for single-tenant or multi-tenant occupancy based on company needs and market demand

Both facilities will expand the Trotwood Industrial Park’s inventory of modern, high-quality industrial space, reinforcing its position as one of the region’s most competitive and investment-ready business locations.

“These projects are a direct reflection of the City Council’s continued efforts to position Trotwood as a regional leader for high-quality industrial development,” said Mayor Yvette Page. “We’re ensuring that companies ready to grow or relocate have move-in-ready options right here in Trotwood. This is how we compete — and win — in today’s economic development environment.”

“These new speculative, Class A, developments build on the same strong public-private partnership that made Westrafo and Beontag’s investment in Trotwood possible,” said City Manager Quincy Pope. “Together with the Trotwood Community Improvement Corporation, Gated Properties Global, and our schools, we are continuing the vision to build out the Trotwood Industrial Park, attract quality jobs, and strengthen our community’s economic foundation for the future.”

Under the approved CRA framework, both projects will receive 100% property tax abatements for 15 years, consistent with prior industrial development agreements. Compensation agreements have been finalized with both Trotwood-Madison City Schools (TMSD) and the Miami Valley Career Technology Center (MVCTC) to ensure equitable participation and educational benefit.

“These agreements reflect a balanced approach — supporting both economic development and our schools,” said Chad Downing, Executive Director of the Trotwood CIC. “We are deeply appreciative of the collaboration with Trotwood-Madison City Schools and Miami Valley Career Technology Center. Together, we’ve created a framework that not only grows jobs and investment but also directly supports workforce education for local students.”

Construction activity is expected to begin as early as November 1, following the Board of Zoning Appeals (BZA) review of a height variance request on October 16. The developer has indicated that early site mobilization is critical to maintaining favorable construction pricing and meeting the high market demand for ready-to-occupy industrial facilities across Ohio.

Recent data from JobsOhio’s site search platform indicates a strong statewide shift in demand toward existing or under-construction industrial buildings, with companies prioritizing speed to market over new greenfield or build-to-suit development. The two new Trotwood projects directly address that demand — providing flexibility for both immediate occupiers and future expansion.

“These investments build on the momentum we’ve been working toward for years,” Downing added. “They position Trotwood to capture new employers, retain talent, and continue the strong trajectory of growth we’re seeing in the industrial park.”