EXXCEL Project Management Announces 294,000 Square Feet of New Speculative Development, Investing $28 Million
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Columbus, Ohio (December 19, 2022) — EXXCEL Project Management, a national developer and design-build construction company, in partnership with Bridge Investment Group, announced plans to create two 147,000 square feet speculative buildings in the Columbus Region, investing $28 million. With the pre-design and design phases now complete, earthwork and utility work have commenced as EXXCEL pushes toward a Q3 2023 completion date. The speculative buildings are geared towards light manufacturing, research and development, and technology-related businesses.
The project on Founder’s Court in the Sawmill Pointe Business Park in Delaware, Ohio, will help increase speculative inventory on the north side of Columbus. To complete the initial phase of the project, with the help of JobsOhio’s Ohio Site Inventory Program (OSIP) grant, EXXCEL is planning several infrastructure improvements, including a shared access road called Founder’s Court with the necessary utilities intersecting with the newly expanded Sawmill Parkway, as well as a shared dry detention facility.
“EXXCEL is proud to be increasing inventory and creating new economic development opportunities in one of the nation’s fastest-growing regions for the past 30 years,” said Adam Mandel, senior vice president of business development at EXXCEL. “We have built numerous facilities in Ohio and we’re proud to be continuing that legacy of bringing beautiful architecture and quality engineering together to further strengthen the market.”
Headquartered in Columbus, the company also broke ground in July on a 202,165-square-foot production facility in Delaware’s Sawmill Pointe Business Park for Inno-Pak, a long-time Delaware manufacturer of food packaging. In collaboration with Bridge Investment Group, this new facility is EXXCEL’s first investment in Delaware. Total investment across the initial three buildings totals around $50 million and there are an additional 50 acres in the business park that will be developed in the next two to three years. The company has been nationally recognized by Butler Manufacturing as Builder of the Year, National High-Volume Builder and other prominent accolades.
“We’re excited about EXXCEL Project Management’s first investment in Delaware, and its commitment to increasing our pad-ready inventory off Sawmill Parkway,” said Sean Hughes, Economic Development Director for the City of Delaware.” “The positive impact of this investment will expand employment opportunities and inventory in our community to further strengthen our high-tech business ecosystem.”
Manufacturing operations in the Columbus Region are diverse, spanning industries from automotive and electronics to machinery, materials, aerospace and consumer goods. The Region is home to over 1,700 manufacturing establishments with nearly 90,000 employees, resulting in more than $15 billion in annual economic output. Businesses in the Region have access to a steady pipeline of talent, fed by numerous career and technical training centers that partner with businesses to provide the training and skills needed for manufacturing. Delaware County is home to 214,124 residents.
“JobsOhio’s investment and partnership with EXXCEL for two speculative buildings will make the Sawmill Pointe Business Park highly attractive for future investment,” said J.P. Nauseef, JobsOhio president and CEO. “Sawmill Pointe Business Park will soon have ideally-located site inventory next to the Delaware Municipal Airport and the expanding talent base in the Columbus Region.”
About EXXCEL Project Management
The vision of EXXCEL when it began over 30 years ago was to design and build operational systems that would blend two apparently conflicting ideas in the world of construction; aesthetically pleasing architectural design and value engineering. Value Engineering is the process of identifying the client’s values, removing scope the client does not value, and adding scope the client does value. By focusing on setting up a clear client program at the beginning of design, our goal at EXXCEL is to make the design-build process an enjoyable journey that engages the entire team. At EXXCEL, our definition of a successful project is when the client sees their values reflected in the end product, and that is what differentiates EXXCEL from other design-build firms. For more information, please visit https://www.exxcel.com/.
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow the company on LinkedIn, Twitter and Facebook.
About One Columbus
As the economic development organization for the 11-county Columbus Region, One Columbus’ mission is to lead a comprehensive regional growth strategy that develops and attracts the world’s most competitive companies, grows a highly adaptive workforce, prepares our communities for the future, and inspires corporate, academic and public innovation throughout the Columbus Region. One Columbus expertly guides companies through the location decision process. Through strategic business outreach and customized research, the One Columbus team leverages public, private and institutional partnerships to grow the Columbus Region’s economy and strengthen its national and international competitiveness. Funding is received from more than 300 private organizations, local governments, academic institutions and JobsOhio. Learn more at ColumbusRegion.com.
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