The Daimler Group, The New Albany Co. and Casto have their eyes on Hamilton Road near Route 161 for a “330-acre, $250 million mixed-use development,” reports Columbus Business First. Next week, Columbus City Council will “be asked to consider the framework of an economic development agreement” that would “clear the way for the developers to build 700,000 square feet of offices, 1 million square feet of retail and nearly 800 housing units” at the site to be called Hamilton Crossing. The proposed development agreement “calls for a tax-increment financing district to pay for infrastructure.” Road improvements and the initial retail projects could be underway next year. Columbus Development Director Steve Schoeny called the area “one of the greatest undeveloped areas in the city now moving forward.” For more, read the full article.
$250M development could be coming to Hamilton Road near Route 161
