Economic Development

Mixed-use Development Request for Qualifications (RFQ)

The City of Bedford, Ohio seeks retail developers to submit qualifications to develop a ten acre downtown site overlooking the scenic Great Falls of Tinkers Creek (aka Bedford Falls) into a non-residential, mixed use development including restaurants, retail and light office.
Deadline for submissions is March 11, 2016. Click here for documents or call Director of Finance at 440.735.6501.

Economic Development
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The City of Bedford is committed to retaining and attracting businesses to our community. The City works in partnership with public and private organizations to enhance local capacity and provide resources that supports planning, and community and economic development activities.

The Economic Development Department has a number of programs that will assist you in your success. The City’s overall development program is designed to assist and refer programs to residents and businesses alike. The City provides avenues of resources to make your investment in Bedford. In partnership with other agencies, the City is able to offer various grants and loan programs by participating in the Cuyahoga County Urban County Program. The City is willing to provide technical assistance and offer site referrals and visits to potential investors.

The City of Bedford is committed to long range planning and is following the Comprehensive Master Plan completed by the Cuyahoga County Planning Commission and adopted in 2007.

 2007 Bedford Master Plan Update

Ben Venue Update

On May 28, the City of Bedford received notice that Hikma Pharmaceuticals PLC, based in London, has entered into a purchase agreement for the sale of substantially all of Bedford Laboratories assets (Ben Venue’s US injectable generics business.) What this means for the City of Bedford and its residents is a cause for cautious optimism.

Although this purchase agreement does not include the Ben Venue manufacturing facility, which provides jobs and economic stability for both Bedford and the Northeast Ohio region, Hikma has also entered into an exclusivity arrangement to potentially acquire the facility and all of its assets, pending due diligence and customary approvals in both the United States and United Kingdom.

As this process moves forward, we will continue to communicate with the residents of Bedford. Ben Venue has provided employment and economic stability for many years, and our primary focus is to ensure that we do everything in our power to continue that success.

To read the press release regarding this information, click here