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Canton, Ohio

The Redevelopment of the Hercules Motors Company facility
(“Hercules”) encompasses 26-acres and 610,000 square feet of vacant,
formerly-industrial property in about 29 interconnected warehouse style
buildings built between 1855 and 1945 in downtown Canton, Ohio.
The project involves a “Brownfield” remediation and an adaptive
reuse of historic structures consistent with smart growth policies.

Canton, Ohio is located 59 miles south of Cleveland, Ohio and 23
miles south of Akron, Ohio. Hercules is located at the southern edge
of Downtown Canton, Ohio and near the intersection of Route 30 and
Highway 77, the primary highway access into downtown Canton,
making the property uniquely positioned as a gateway into the city.

The property was home to the former Hercules Motors Company from
1915 until 1999. During that time over two and a half million engines
were built for trucks, jeeps, generators, pumps and other equipment.
Hercules was, at one time, the world’s largest producer of internal
combustion engines. During World War II the company devoted
100 percent of its production to war needs, employing 5,800 men and
women working a 24-hours a day, 7 days a week, production schedule.
Cormony developed a program that is not only economically viable,
but that will act as a catalyst for the City of Canton as well. The mixed
use project will include residential rental apartments, class A office
space, retail and restaurant space and a new Convention and Event
Center. This brand new state of the art Convention and Event Center
will, among other things, serve as the new home for the three primary
events of the Pro Football Hall of Fame Festival (the enshrinement
dinner, the gameday luncheon and the fashion show).

The historic, industrial flavor of the property and its surroundings will be
maintained, while completely upgrading and modernizing the structures.
Cormony has successfully had The Hercules Motors Company complex
placed on the National Register of Historic Places and has received
Part II approval from the State Historic Preservation Office and the
National Park Service, making the property eligible for both State
and Federal Historic Tax Credits.

Cormony Development began working on Hercules in 2005.
Since that time pre-development (and pre-construction) services
have been completed. Architectural drawings have been completed;
the budget and schedule have been refined; and bid packages have
been assembled.

In-building environmental remediation and selective demolition are
substantially complete. Upon completion of the approved remediation
plan the USEPA and the Ohio EPA will both approve the environmental
condition of the site and issue a Covenant-Not-To-Sue. This is the
highest level of assurance provided at the State and Federal level
that environmental issues have been properly identified and remediated.

Cormony has created a consensus of support for the Hercules project.
The project is being aggressively supported by a strong and diverse
coalition. The support that the project has received from the City of
Canton, The State of Ohio, The Federal Government, The Pro Football
Hall of Fame, the National Football League and others is a critical
part of the success of the project.

The project is expected to be a model for urban, historically sensitive
redevelopment, Brownfield remediation and sustainability, Main Street
development and low-income community development.

Hercules is a true economic development project that will have a huge impact
on the community, while restoring the heritage and character of Canton.

For more information contact:

Laura Steichen

Rockville (Headquarters)
103 North Adams Street,
Rockville, MD 20850

Hercules Aerial Hercules Canton, Ohio Hercules Interior  
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