Turning Old Auto Plants Into Gold
Norwood could be a model for many towns facing plant closures today. The city was able to attract Cincinnati-based Belvedere Corp. to turn the land into a mixed-used project.
"Belvedere's $100 million Central Parke project launched a metamorphosis of the city, from a blue-collar, factory-driven locale to a town with elegant workspaces. Completed in 1997, Central Parke provides 320,000 sq. ft. of office/flex space and 200,000 sq. ft. of retail space.
The old automotive site attracted 80 businesses and 1,000 jobs, according to the city."