AIP is a 137 Acre site made up of two large parcels. The North parcel is on the shore of Lake Erie and houses former 256-megawatt coal fire power station which includes the power station, connected multi-story office space, and various other remaining buildings. Two rail lines extend on the north side of the road, one at ground level and one on an elevated rail spur approximately 40 feet in the air. South side of the road is the large South parcel with 2 rail lines and 5 additional spurs. Between these two parcels is newly upgraded First Energy Sub-Station and a 70-million gallons per day raw water capacity project will be completed in 2024 bringing the water supply to the doorstep of the site. The former coal-fueled power plant is an excellent prospective site for a variety of economic development uses including petro-chemical, value-added metals, energy, digital currency, and transportation logistics-related companies. There are few, if any, sites in the region with a robust infrastructure offering, proximity to an international airports, and within a strong labor shed.

Ashtabula Industrial Park was previously home to Ashtabula Power Station, a former First Energy coal fired power plant located along the coast of Northeastern Lake Erie. The facility was originally built by Union Carbide as a captive generating facility for a nearby plant. The facility generated roughly on average 250+ MW via four, 46 MW boiler units that supplied electricity and heat to thousands of residents in the Ashtabula/Cleveland market. Initially announced in the late 1920s, Ashtabula Power Station was estimated to be a $11,000,000 project to be operational in the 1930s.