By Sam Russ
EAG Flex Units celebrated the groundbreaking of a new development in Sharon Township (Medina County), Ohio, aimed at supporting small businesses and entrepreneurs with flex space for offices and warehouse storage.
Flex space, also known as flexible industrial real estate, combines office, showroom and warehouse storage–often featuring small bay, light industrial units with flexible, reconfigurable layouts. Of special note, traditional lease lengths have dwindled in past
years, but flex office term lengths rose by 19%, with a 29% increase in demand for flex space globally.
The project, led by developers Kevin Lauterjung and Rick Davidson, will bring a series of flex units designed to accommodate trades and small manufacturing, retail and storage, according to economic development project director Jake Altman.
“Projects like what Kevin and Rick are doing here create opportunity and strengthen our local economy, and it positions our community for what’s next,” Altman said.
Medina County Economic Development Corp. executive director Bethany Dentler called the groundbreaking a milestone after months of planning and coordination.
“This project will be a tremendous support to the growth of small businesses in the township and the county,” Dentler said.
The development is designed to serve entrepreneurs who may currently be operating out of homes or garages, providing space to expand operations and hire employees.
“For us, it’s something to really help that small business owner who needs space to grow,”
Lauterjung said.
Occupancy is projected for this summer with 21 units available, each featuring about 1,900 square feet. The units at 2570 Medina Road will include office space, a warehouse area and amenities like bathrooms. The units are also intended to be versatile and accommodate businesses like electricians, plumbers, HVAC contractors and small-scale manufacturers.
Interest in the units is already growing as construction begins, and leasing efforts will become a priority. The project is supported by many different partners, which include the Medina County Economic Development Corporation and CSB Bank.
The development reflects a broader effort to invest in infrastructure and support business expansion throughout Medina County.
“This is going to be a true asset for economic development,” Dentler said.
Sam Russ is a reporter for the Medina-Gazette.com. Data points provided by Toy Storage Nation.
