Property Development
The Lorain Port Authority serves as the development arm of the City of Lorain and aims to provide an environment conducive of the development through incentive and financing programs. Since 2012, the Lorain Port Authority has financed $19 million in project and assisted companies like Republic Steel and Ohio Edison through economic programs.
Economic Development
As one of the main facilitators of Economic Development in the City of Lorain, the Lorain Port Authority does this in different ways. The LPA helps finance projects with bonds and receives grants to assess sites for businesses to build on, assisting to help create economic growth in the City of Lorain. The Lorain Port Authority also remains an active commercial port, maintained through dredging, providing an ideal environment for industrial development and growth.
Contact
For more information about the Lorain Port Authority’s economic development programs, please contact:
Tiffany McClelland: tmcclelland@lorainportauthority.com